So Jerome Pal is going to be speaking live today in a discussion. We will be live streaming it here on my YouTube channel and all you literally have to do is make sure you drop a thumbs up and also subscribe, turn on your post notifications. so YouTube alerts you when it is that. I Go Live! I'm gonna go live about uh, five to ten minutes before the actual live stream discussion um is actually broadcasted.

Uh, for those that are unaware. uh Jerome Powell The head of the Federal Reserve is going to be speaking today in a discussion in Washington DC and this is in front of or this. This is the first time he's going to be speaking after his very low interest rate hike of 0.25 from the Federal Reserve and also coming from a very strong labor market in the month of January. And what exactly is the market looking for? So Based off of all the articles that I read, this is the best way to pretty much summarize it.

What we're looking for is: Powell's dovishness was intentional or act accidental. So what that pretty much means is is he still going to have that same intention that they had where they were going to be less aggressive? or are they going to Pivot and actually begin to be more aggressive with interest rates because of the job market actually being greater than expected? And that's kind of the question that a lot of people are asking right now. One of the things that I wanted to share with you guys is that investors so Powell is scheduled to be interviewed by billionaire by billionaire uh Carl group co-founder David Rubinstein at the economic Club of Washington DC This is happening today at 12 40 p.m eastern time. So what that pretty much means is almost like an hour and a half from when this video uploads.

that live stream will start and again I'm going to live stream it for free on my YouTube channel. Investors are largely expecting Jerome Powell to strike a hawkish tone in his remarks, so that's what again we're pretty much looking out for. Is he going to be hawkish or is he going to be dovish is the terms that they like to use. The thing that again I find pretty interesting about this is all we're looking for is pretty much the expectation that Jerome Powell begins to give about the Federal Reserve If anything has changed since the last job reports that were just released in the month of January Unemployment has gone down week after week with the initial claims and the continuing claims, and then the overall unemployment rate was just released last week.

The expectation was 3.6 percent, but what was actually reported was 3.4 percent so we actually came in lower than expected. They seemed fine with that, but we're just looking to see if his tone today is the same of what it was last week, even though we now know what we know today. So again, all the market is focusing on today is his tone about the market and future interest rate hikes. Is he going to say anything about their quantitative tightening? Are they going to be more aggressive? or where does he see the market currently stand? and if his tone or his demeanor about the market begins to change, then again, this will get factored into the market.

This is why the you know so many people are waiting for this discussion, to see if his tone changes from last week to now actually speaking in Washington DC and to see what changes. As you guys can see, Tkq is indicating signs of an uptrend. I'm going to add a little bit more to my position size here. I've been trading it all morning and it hasn't been until right now that we're actually indicating signs of higher highs.

One of the things that I do want to bring up is we do have a previous resistance right around 2523 and again, this is following my seven thousand dollar gain yesterday. if you guys didn't watch that on YouTube I upload my recaps every single day both my green days and my red days and I've been on a seven Green Day streak and today is if I'm not mistaken going to be my I thought it was going to be a red day. During my live trading session with the Lpp team, they got to see it all happen. I was down about a thousand dollars.

Uh, did a good job producing my position size managing you know, staying lighter during an uncertain time. and then as Direction begins to be in my favor, you know I step on the gas a little bit more now. I'm up three thousand dollars on the day and just so you can see I do not have an open position on Sqq so just one position on Tqs I tend to trade Tqs or Sqs every single day and again I'm very grateful for it. So if we do not end up making new highs or push Beyond 25 23 I'll reduce my position size at this level and then anticipate most likely a pullback I'm going to.

A lot of people have been asking me on Instagram and on Discord of you know what is my plan? Going into this Fed speech right as Jerome Powell begins to speak, Is this a risky time to have an open position? The way that I see it is, if you have long-term plays, I I would not do anything about those long-term plays, right? There's there's a reason that you're holding them for a long period of time. You're gonna have green days. You're gonna have red days. It doesn't matter.

You're in it for the long haul for your trades. For your day trades, just ask yourself if there's any one person that can shift the market in a moment's notice. It's Jerome Powell right? I Would say that his speeches are even more valuable to the market than the President of the United States right? Yeah, he's so influential to the market. So yes, I do think that if he says anything that was not already factored into the market in today's discussion, it won't get factored in right away and the market can shift.

So regardless of what we're seeing right now, my intention going into it. This is just my intention I intend to reduce my position size I'm not saying that I'm going to sell everything I'm just saying that you know I'm going to go into it. You know, considering the idea that markets could shift and if they do shift, that I can tolerate that change of Direction that's the way that I'm going into it again, not necessarily hoping for the best, but preparing for the worst. right? Even at worst case scenario, putting myself in a position in which I could tolerate and that's exactly like how I feel is best to prepare during moments like this because it is uncertain and one of the best positions that you can probably be in is a cash position, right? You wait for the market to react.

and if the market does react in a specific way, I would rather be someone that is late to a rally than early to a sell-off. Think about it, right? It's not rocket science, so do not put yourself in a position in which you cannot tell it. Remember this year is not the year of being perfect. You'll never be perfect.

It's the year of progress. So I Just wanted to make sure that you guys were aware. 12 40 PM Eastern Time I will be live streaming here on this YouTube channel. It can be in about one hour and 30 minutes if you guys have any questions.

Even prior to this speech, feel free to direct message me via Discord or via Instagram And that's the first or third link down below. Friendly reminder: I Do Trade Live every single day with our Lpp team I Only trade live with them and it's the only group that I work with on a closer basis. It's a one-time payment lifetime access and if you want the ability to watch me trade live every single day moving forward, then click this second link down below. Learn more about our LPB team and see if it's a good fit for you.

Other than that, I do want to remind you we are giving away a free mouse pad with every order today. all you have to do is add it to your cart so you can pick up a T. You can pick up anything, just add your favorite mouse pad and you automatically get it for free at checkout and this will end by this afternoon and again. We have a wide collection of mouse pads and we have a wide collection of apparel wallar, periodic elements, and of course Flags Just make sure you add your favorite items, add your favorite mouse pad and you get the mouse pad for free at checkout automatically.

No coupon code needed. That's the fourth link down below or at Shoptactbuds.com I Appreciate your time. I'll see you guys for the Jerome pal discussion and make sure you drop a thumbs up and subscribe and I'll see you then! Like always, let's make sure that we're in the year on a green note. Team.