A record 3.28 million Americans filed for unemployment benefits last week as the coronavirus pandemic shut down much of the country. The Labor Department's report for the week ended March 21 was one of the first official indicators of how many people have suddenly been forced out of work nationally. So why did the stock market push up today after this bad news, a lot of it has to do with expectation and how the stock market already anticipated this!
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1.✅Techbuds FB Group: http://bit.ly/techbudsfbgroup
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For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 250,000!
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, Robinhood, 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.
✅Surprise You Found $40 Off The LPP Course: http://bit.ly/40offLPP
Step 1: get unemployment extended CARES ACT benefits throughout all of covid crisis (March-July)
Step 2:: get stimulus check "invest in BTC "
Step 3: Pile into stock market not knowing what your are doing and all of a sudden become a day trader "investor"
There are millions in the US literally doing this and have sat home since the start of this being very quiet for over 4 months and "looked for work" while collecting +/- $20-25k cumulative over the course of Q1-Q2. All they need to do is put it into a long term fund then can retire and be financially independent and retire as the market recovers over the coming decades.
These people are the scum of the earth
When you guess ,then speculate , then guess about your speculation your livelihood is based on living in the matrix and not the real world. This guy shows no empathy for the people who lost their income. Just keep pushing buttons, the matrix calls.
I’m thinking of joining your monthly subscription
What does someone get joining
Ricky… This. This is why you're the best stock Youtuber out. I appreciate how unbiased you try to be
I’m also thinking that. Thank you I’m not the only one
Can ROKU go up some more to 120? . With all these people living quarantined it should go up right?
Totally agree about the market condition and all that.
How long did it take for you to get your muscle gains?
Ricky coming through with that knowledge. I know unemployment rate is going to go up a lot of the trades are just getting there 2 week notice next week.
Ricky coming through with that knowledge. I know unemployment rate is going to go up a lot of the trades are just getting there 2 week notice next week.
The FED is buying stocks..that's your momentum.
Will you just be live here on YouTube? Or IG? Will we get an invite?
This is how the big boys suck people in and minimise their loses from last few weeks. Been warned seen it before just not as aggressive
Market is climbing because of the Federal Reserve buying up everything like the top bankers did back in 1929. Same thing, using other peoples money to try to prop up the economy in hopes that others will follow suit.
I personally say almost all news has been placed in the market now it’s just how bad this corona wants to get, if we begin to peak in cases I see the market recovering but who knows
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The current unemployment numbers are a short term problem. Things will be back to normal come June/July or at least begin to normalize.
What do you think about BA stock?
Why when I sell I can use the money immediately??? It shows up in my available money and buying power but I cant spend it as it gets rejected, someone please help I dont know what to do.
Great video Ricky!
Would you cut your losses tonight if you were in 300 shares of SQQQ or hold til morning? I can't believe that $SPY stayed up… Lost $1200 yesterday because $SPY sold off last minute when I could've made $3000 if I held 10 more minutes. Normally don't trade on emotion but I'm having a hard time believing it will stay up…
I would not be surprised either if the market pulls back a little bit. Its been 3x days of straight rising. Friday might be a bit in the red especially with the virus spreading so rapidly.
I like to see free live trading stream, that would be awesome!!!
The data shouldn’t come as a surprise, analysts say, because investors were already anticipating a significant rise in jobless claims in the near term. Once there is a decline in the number of new infections from the virus, investors anticipate the markets can find a bottom. – USA TODAY