Everyone me kevin here in this video. We're going to talk about important calendar calendar dates coming up in projections for those important calendar dates. You're not gonna to miss writing these down because they're gonna be big catalysts potentially number two very ugly. Because we've got a disastrous number that just came out and number three a tiny little bit of technical analysis on some good old crypto.

But first comment down below. If you would like me to do a review of any particular ticker symbol that you have questions about and i recommend before you comment. It or maybe after you comment it look to see if somebody else has voted that ticker symbol up because i'm going to look at the top ticker symbols in about a couple hours and then i'll probably do at least a commentary video on it or maybe some kind of deeper review on it we'll see let's have fun with it let's see if you all want to get back into some of the fundamental analysis. Which right now we pretty much exclusively do in our course.

Member live streams every single day which you can use for july 4th coupon code fireworks the prices will be going up so use coupon code fireworks and get in before the prices go up again somebody left a comment. The other day they're like i don't believe that the prices really go up and then they went to the wayback machine. You know that website. Where you can kind of go back into different time zones or like past dates.

And they're like oh. My gosh. He ain't lying the prices really go up. But folks the good news is this video is brought to you by.

Public then you can go to. Medkevincom. Public and get one free stock. Worth all the way up to one thousand dollars sign up don't get payment for order.

Flowed and use public follow me there at me kevin and folks let's get into the video. So first july 5th. Which is tomorrow we get factory orders. We're expecting a half percent month over month increase that's up from 03.

Percent in the prior month. If we we'd like to see factory orders coming strong. This is a good sign for global gdp and especially with the potential of a rebound in china. Which is leading a lot of folks to flock to chinese etfs and speculate on the chinese consumer rebounding after lockdowns which in my opinion has a risk of being a temporary sort of reopening play.

But then a longer term drag is the chinese consumer is still faced with developers all around their country going bankrupt thanks to the real estate crisis in china. I don't know how much i'm excited to bet on the chinese consumer. But i do think there are some short term catalysts to see some big movements here especially since media. All across the world is reporting that well hey china might actually help global gdp stay propped up and maybe the globe can stay out of a.

Recession just because of. China so factory orders july. 5th. 7 am.

More interestingly and then we'll get to the scary ones. We get some things on july 6. Like the purchaser man purchasing managers indices there are two well in this case. We're getting two reported services and composite services is expected to come in at.

516 any number above 50 means growth composite expected to come in at 512. Which is the same as the prior uh prior reads those come in at 6 45. Am. And we get some good.

Ones. Okay the first thing we're going to get is at 7 am. We're going to get the new jolts numbers. This is the job openings set of data and we're expecting job openings to come in at 11 million job.

Openings that's still still probably somewhere around 18. Times. The job openings per. Unemployed people that we have so even.

Though we're down from 19. Job openings per unemployed person. We're really not seeing a big drop off here in job openings. However we've recently started seeing layoffs and so there are wonders that hey if this number misses bad and let's say it comes.

In at oh. My gosh a bunch of job openings were cancelled and it comes. In at let's say 10 million or something. Ridiculously low could that be a sign that affirms a recession is indeed coming.

Which remember what is terrible in a recession is a firm in fact the first day. I bought a firm. I said this is a great play for an expanding economy terrible play for a recession. Who would have thought at that point.

Which was like last october that we would we'd be talking about or potentially in the midst of a recession. Just the short six to nine months later oh well anyway. The federal uh that jolts uh number comes in at seven am followed by at 11 am. The federal reserve's minutes hmm oh we love getting the minutes from the fed because this is where we can get an idea as to how aggressive is the fed gonna get here.

What are we gonna be looking for we're gonna be looking to see are we getting any kind of estimates in terms of what's their terminal rate are we looking at. 325 probably not. Anymore we're probably looking at. Somewhere between 375.

And four and a quarter in terms of the fed's terminal rate for the fed's funds rate in case. You don't know what that means it means. We have a lot of pain ahead of us and the higher number that is the worse. So we're going to be looking for hints are we going to be getting another 75 in july.

Maybe maybe not are we going to be getting 50 or 25s towards the end of the year right and these are the questions that that will try to glean from the federal reserve's minutes again mark your calendar that is wednesday at 11 am all of these times pacific standard time now at the moment markets are pricing in a 933. Chance of the federal reserve giving us a 75 basis point rate hike in july. So maybe the minutes will just be another backward looking tool. However maybe we're not looking for only rate hints maybe we're also going to be looking for hints on hey do you see any actual signs of inflation.

Potentially peaking based on the estimates that we're seeing from the from what's happening in markets sure we see some sectors in terms of commodity prices decreasing. But folks you don't even want to know what the bloomberg consensus is for inflation coming up and when i say bloomberg consensus. I don't mean like one company's consensus. I mean all the consensus together averaged into a consensus okay when i tell you what that cpi projection is you're probably gonna vomit stay tuned.

It's coming up in about two minutes. Okay. So uh wednesday july 6th. That will be a busy day again.

We'll get uh pmi uh. The bigger ones are gonna be jolts and fed minutes jolts for recession. Fears fed for dude like any any sign of hope with you all like anything anything. July 8th.

We'll get uh july 8th. Is friday. We got some big catalysts coming up on this one. Just a three business days prior to the cpi release three business days prior to the cpi release.

What are we gonna get we're gonna get the federal or the unemployment rate bureau of labor statistics unemployment we rate that is expected to come in at 36. Which is the same as the last month's unemployment rate. We are expecting to get a five percent year over year and month over month 33. Gain in average hourly earnings.

If we miss on average hourly earnings and average hourly earnings come in at. Like. A. 04 05 or worse like a.

06 or 07. That's great for workers absolutely terrible for markets. We are expecting the labor force participation rate to take up one tenth of one percent. But that's not what people are going to be looking at people are going to be looking at that 5 30 am.

Release friday morning of 03. Percent for the month over month hourly earnings friday morning something also quite entertaining happens i go on vacation now we'll be back and forth so we won't be won't be you know straight uh. It's it's probably the longest vacation. Yet and uh in case you're new around here let's get you into the tune here so take a look at this beginning of october.

I decide i'm to dye my hair green. What does that do it leads to this beautiful rally in the stock market that lasts. Until mid november. Which is where we peak out right around november 23rd and 24th.

I had so much green around me stock screen net worth is at the highest level. It's ever been green hair everything's green. I'm like crap. I need a change and right before i went on vacation to mexico what did i do i decided to dye my hair red november 25th.

I dye my hair red and folks what immediately follows as i dye my hair red well we start getting some volatility we start getting some pain. I go on vacation. The market drops in december and we're like oh man like december's getting uh. It to be a little rocky.

We're not hitting all them all time highs again right then i go on a vacation. Right before my birthday in january. What happens weep there's my birthday my birthday's right there where the mouse is on january 28th yeah sorry about that so uh we thought okay well hey like no worries right like it can't get much worse right sure kevin can go to back to back vacations by going to florida and then going to florence italy and that could lead to weep yeah so uh. I'm sorry in advance.

I'm i'm giving you notice as much as possible here. But uh yeah. I i'm gonna be uh. I'm gonna be gone.

Uh and out of town for for a little bit uh actually like the rest of the month starting on the eighth and again you know some back and forth and stuff. But yeah sorry about that in advance just i just wanted to let you know yeah. Maybe i need to tie my hair. Green again before i go oh.

But anyway uh then at least at least. We have uh the cpi numbers that we can look forward to and boy. Oh boy look forward to we can so uh inflation. We thought peaked at eight point like four eight point five percent.

The last three we got eight point six percent were like oh god it hasn't. Peaked oh folks don't worry the bloomberg consensus if last month was 86 on screen. I don't even want to say it it's on. Screen it was 86.

And then that was last month when we thought oh my gosh. This is hell like this is. Bad the. Consensus now is that it's going to come in at 88.

Percent year over year and not only that but the month over month is gonna go from one percent to one point one percent yeah month over month which would be an annualized inflation rate of 132. We're doing just fine folks everything is just fine don't worry july's gonna be a great month. Especially since everyone's betting on a fed u turn oh. But don't worry at least.

We have good news. And that the atlanta fed estimate is doing pretty decently. See take a look at this the atlanta fed estimate says don't worry analysts across the board. Think we're good with gdp.

We'll have gdp somewhere around three percent and we're fine. That's the blue line here. It was analysts in general thinking. Everything's going to be fine.

Well. The atlanta fed. Real gdp indicator has um has been a little more bearish here at one point dropping to nearly zero percent. But don't worry folks.

The atlanta fed gdp. Now estimate is now oh dear. It is uh more than negative two percent. Yeah.

It's it's under negative two for gdp. Which if that's the case for q2 and we just got a downward revision on q1 gdp then we probably already are in a recession and not only are we probably already in a recession. But this recession's probably going to last a little longer than folks were hoping. But don't worry folks at least at least.

We could do some technical analysis on bitcoin because see this is what we call a double top and usually what we do we look at a double top is we look at how low was it on the left. And how long was it on the right to get to some kind of equilibrium. And uh. Oh oh oh god oh god that's that's in like the btc.

13 000. Never mind folks get yourself a free stock with public use coupon code of fireworks join the programs on building your wealth let me show you and teach you my way of doing fundamental analysis in a recession. Folks. Now is the time to be doing fundamental analysis.

And even if you watch the live streams and you're like i'ma do the opposite at least you'll pick up some things along the way and you'll learn folks thank you so much for watching happy 4th of july and hello kitty.