S&P 500 falls slightly as traders weigh signs of a weakening job market: Live updates.
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#fedmeeting #unemployment #stockmarketcrash
The Federal Reserve conducts the nationโs monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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1. ๐จ Message me any questions: https://discord.gg/kwVQtmu
2.โ LPP 2.0 $150 OFF (GTR GIVEAWAY 5k Entries): https://bit.ly/150OFFLPPNOW
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#fedmeeting #unemployment #stockmarketcrash
The Federal Reserve conducts the nationโs monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
Just making sure. uh yeah, you can see me. Okay, all right there we go. Round three: What's going on guys? It's rookie with Techbook Solutions Uh Skq another Green Day Um, just wrapped up my live trading session with the Lpp team.
They sell my entries. They saw all of my exits That led me to making a little bit over ten thousand dollars I Actually wanted to ask you guys? Um, you will have to message me via Instagram my Instagram is the third link in the description down below. Uh, but if you want access to the live trading session from today, just send me a direct message via Instagram Live Trading and I'll give you access so you can see exactly right. We have a handful of people that have asked what it's like to be a part of our Lpp team.
I Want you to see exactly what it's like and to see what it's like to see someone make a little bit over ten thousand dollars. I Show my entries I Show my exits. Most importantly, you hear my thought process. If you like it, great if you don't, um then at least now you know right? As simple as that I Hope that I earn your thumbs up in this video.
Uh, but yeah, a quick little recap already reduced my position size. as it began to consolidate here. it wasn't showing much signs of progress till until literally like one minute ago, right? We just broke above there's 30 70 resistance. It was very easy to see on NASDAQ So again, Skq goes up when the NASDAQ Market goes down.
If you look at this on the 30 minute time frame, it's very easy to see when asking the question. what were we aiming for today on the 30 minute time frame aiming towards them for the moving average, right? So that's going to be right around 3, 15, 50. Once we got rejected, we're showing a lot of signs of consolidation here. Previous support range here, but once we broke below that again, we began to step on the gas.
and it's filling the gap down here to the moving average. and as it fills this gap on the way down, then of course it fills this gap on the way up. And that's the beautiful thing about trading is you can always make money not just on the bull side, but on the bear side right. And our job is to reduce our position size at overbought levels.
And there it goes. We just hit highs of 30 80 just hit 11 000 on the day. Eleven thousand dollars today I think I did 12 or 13 thousand yesterday. Feel free to watch the video I recapped it and that was a closed trade and then the day before that I did 14 000.
So and I had, um, four losses last week, right? So I want you guys to know that obviously every day is not a green day for me I'm three for three this week though. So three for three green green days and we're actually laughing about it in our Lpp live session today where even just one of my green days this week outweighs all of my losses and then some of last week. and I Think that's the beautiful thing about trading is that if you manage your position size effectively right, you're not afraid to take advantage of opportunities. But when you do lose, as long as the position size is small, you lose small, right? But then when direction is in your favor, when the stars are aligning and everything is going according to plan, that's when you learn on how to stop on the gas and again, that's exactly what we've um, you know explained during our live session today where I was adding more to ask him and you see me adding 1500 shares 2500 shares at a time as SQ begins to go up. So it wasn't a crazy trade. It's not like I made you know 20, 30, or 40 or 50 000. it's a relatively smaller Day based off of the position size that I trade with, but we made the most of it right. My job is not to be perfect I can only do or I can only work with what the market gives me.
Um, and this is what I have for you guys today: 11k on the day, we're already beginning to show signs of resistance I'm going to reduce another 2500 shares here, so let me go ahead and put this and set the alert here. I'm going to set this with a limit order and see if we end up getting filled. Yep, a little bit closer to that 30 80 and set that with a limit order right there. so it's gonna be about 77 000 worth of SQ Cube.
So other than that, why is the market selling off today? Uh, there were a series of economic reports that were released and it is supporting the case that the labor market might be weakening. Uh, the ADP report is probably the most important report in my opinion that was released and then the Ism non-manufacturing Index This came in at 51.2 percent uh versus the expectation of 54.5 but the big one in my opinion is this one. 145k was the actual for the ADP employment change versus the expectation of a 205k. That's a pretty significant difference, especially being able to track the um, you know, jobs on the private sector.
Um, it's This is supporting the case that this is a weaker labor market normally, right? Because we're looking for the Federal Reserve to slow down. Uh, we wanted the Federal Reserve to slow down. Now that I guess the Federal Reserve is expected to slow down because of this weaker labor market, the market is reacting in a very negative way. Normally a weaker labor market would cause the market to go up right.
But I feel like now we're beginning to transition. Where now good news is good news and bad news is bad news, right? It used to be the opposite. Good news is bad news and bad news was good news. It's a very weird way.
a weird time to be alive, right? But altogether nonetheless. Again, um, just wanted to recap the overall day. I Wanted to explain why the market uh, was selling off and it's just, um, you know this slowdown in the labor market is getting factored in and it's just very important to pay attention to that. Uh, tomorrow we have uh, two more significant Uh employment reports which is initial claims and continuing claims. So these, uh, this tracks the number of people that have filed for unemployment for the first time and people that continue to file for unemployment with the continuing claims. So again, that's going to be a nice little you know inside look on how many more people are either getting jobs or getting fired and then needing to file for unemployment. So tomorrow, pre-market one hour before the Market opens. Just please make sure that you are aware of that.
So if tomorrow, by the time you wake up, you're like Ricky like why is the market going up or why is the market gapping down? Uh, you can look into the economic report and be like oh, shoot, I forgot initial claims and continuing claims gets released one hour before the Market opens and that is probably why the market is reacting the way that it is. and there it goes. Uh, gapping up? Let me go ahead and do it here. I'm going to sell 2500 shares.
Oh I actually just got filled. Yeah, because I'm at 3 000 shares. So I had my limit order at 30 80. it's already at 30 82.
there it goes. 11 400 on the day. If you guys have any questions, feel free to reach out to me. Um, if you want to see that live trading session, feel free to send me a direct message via Instagram but just so you can see no open position on TQ It's just my one lucky share.
The only open position is on Skeq of course and already beginning to reduce that at overbought levels. One of the big mistakes that I made last week was I wouldn't lock in profits at overbought levels I was being greedy I'm trying my to the best of my abilities uh to learn from my mistakes last week and that's exactly what we're doing here. So again, if you guys get offense, you'll you'll see a handful of people I Mean people just get triggered anytime that we do well when the market sells off. but at the end of the day you you have your own ability to you know, go along with the markets long or go short when the Market's short.
Um, or when the Market's selling off and that's what we decided To, do today. So I'm excited to go along if the market begins to actually recover. But as of right now, the Market's selling off and I'm very happy to be taking part of it, right. If you want to see a little bit more and get an inside look of my live session, as long as you're not a troll, feel free to message me via Instagram And that's the third link in the description down below.
Just direct message Me Live Trading and I'll give you direct access to the live trading session from today and maybe that can assist you in making a little bit more of an informed decision to see if you want to join our Lpp team. Other than that, again, if you're ready to join our LPB team and you like what you saw during our live session, we are running our biggest self. It's 150 off for Lpp 2.0 It's the second link in the description down below and you get access to our daily live trading session private group chat design for complete beginners I'm sorry, yeah A to Z video Lesson Library Daily live trading sessions, private group chat and access to the tech Potato Cube It's a one-time payment lifetime access and you also earn 5 000 automatic entries for a chance. So in the 2019 Nissan GTR or 50 000 cash and yet this GTR giveaway is going on to learn more about it, you can actually click the fourth Link in the description down below and actually just see how many days are left, how you can enter. There's two ways on how you can enter and a little bit more about the build sheet for the 2019 Nissan GTR I mean I'm pretty sure you guys would agree that this thing would look pretty nice in your driveway or fifty thousand dollars cash into your pocket, right? Not too bad. So again, very excited to announce the winner. But remember, you can't win if you don't enter. So if you want to learn more about that, that's the fourth Link in the description down below.
Hope that ruined a thumbs up. Please consider subscribing. Don't get triggered like always. Let's make sure that we end the year on a green note.
Take it easy, team!.
Services come in lower than expect – last leg of inflation – and market tanks. Why? We need this to drive down inflation.
"Successful entrepreneurs are givers and not takers of positive energy." _
Do you seriously believe that every investment platform offers the same level of protection as Papayahub?! They have some serious standards! Just give papayahub a try.
I've only seen the best interest rates from investments in the webcam industry, like PapayaHub, for example.
I work with PapayaHUB. In just 5 months, I made a profit of +150%.
U r a gambler man ๐
Inflation is cooling off but if u look at real life expenses they r still very high. End of the day as ask common American families how much it cost them to go to grocery shopping, at pump n buy basic stuff for their kids it is still very expensive. Things r not gonna change quickly. Poor Americans who r living pay to pay check will be crushed if Fed pivots too early if they do pivot at this critical time inflation will start accelerating again n they have to come back n hammer inflation hard which will cause double dip recession. Regional banks did stupid shittyyy n risky loans so Fed either save them or poor Americans. stock market is still very overly priced as per valuations and it is good to get defused so that we have next next seven to eight years of good growth. If Fed pivots now next year will be very very ugly then like 70โs and inflation will shoot up again so do assets prices then crash again
Wait so now a weaker labor
Market is bearish?? I thought the market tanked due to the uptick in services PMI, after all J Powell Did emphasize that services inflation is where we have stickiness while, the goods inflation is somewhat cooling down.
Want to be on live time
Stocks are falling and bond yields are rising, but markets still donโt seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroad deciding if to liquidate my $138k stock portfolio. Whatโs the best way to take advantage of this bear market?
When does the giveaway end for the GTR?
Think the market is going to rip tomorrow, should be higher claims which is good for the market
very confusing. so if NFP comes lower than expected, the market dips?
Bro your P/L percentage is 1% you're making 11k on a 1M trade
Patience is key. We were waiting for this correction and it finally started. Thanks to you, I was able to grab some Puts and get a 800% return in the past 2 days. Keep it up and make sure the haters can see you during this pullback ๐
Success = NOT GIVING UP! Red days are lessons, learn from them and keep getting back into the game. Nice job!
URGENT new clickbait strategy working for ricky
SO SICK OF THIS SHUFFLING DECK CHAIRS ON THE TITANIC. BACK AND FORTH. BACK AND FOURTH. F THAT. DEFENSIVE. AGGRESSIVE. DEFENSIVE. AGGRESSIVE. I HAVE A VERY WIDE PORTFOLIO. BACK TO VALUE OR GROWTH AGAIN. SUCH FOOLISHNESS.
4 out of 5 to be bearish this time he finally got this right! S&p moves lower! ๐
R U buying shares or contracts ?
GNPX! Looks like it is setting up for a nice cup and handle.
does your team trade options?
So the LPT Team watched you over the course of several hours? SQQQ rose over the course of three solid hours. Is that how LPT Live Trading Works. Just curious…
The opening camara look was epic