The nasdaq market continued to drop after hours as fedex announced some bad news about its set expectation for q3. Thing are looking worse and its a good time to stay patient! U.S. mortgage rates climbed above 6% this week, their highest point since 2008 and more than double their level a year ago.
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#cpidata #fedmeeting #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
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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28 thoughts on “crash update you might want to stop trading”
  1. Avataaar/Circle Created with python_avatars Midnight Trader says:

    I hope 1% to buy the dip

  2. Avataaar/Circle Created with python_avatars Billy Shears says:

    Mass Psychology.

  3. Avataaar/Circle Created with python_avatars SK says:

    Great Vid!

  4. Avataaar/Circle Created with python_avatars John s says:

    Can you buy tqqq for long term or does it reduce over time and I dont think market is near bottom at all Ricky

  5. Avataaar/Circle Created with python_avatars Dee Know says:

    These are very helpful reminders. I have made several adjustments over the last 2 months based off of these "warnings ". Much appreciated.

  6. Avataaar/Circle Created with python_avatars J Harris says:

    Ricky you have made me a lot of money, thanks for your wisdom and hard work.

  7. Avataaar/Circle Created with python_avatars Akash Mahadeo says:

    100 points ๐Ÿ’ฏ

  8. Avataaar/Circle Created with python_avatars Chris L says:

    Whatโ€ฆno 50k day? Today was a phenomenal day to buy the dip. Prices are coming down. Inflation peaked. Only up from here.

  9. Avataaar/Circle Created with python_avatars Only Post The Best says:

    Sold my body all summer to buy the dip.. LFG๐Ÿ˜‚

  10. Avataaar/Circle Created with python_avatars Bobbytigerboy says:

    pretty good basic advice.

  11. Avataaar/Circle Created with python_avatars Alexis Chulo says:

    Ricky is there a way that someone can see if the market is fully factoring in that rate hick? Thank you

  12. Avataaar/Circle Created with python_avatars John Stamos says:

    LOL the title. for real. and its only just getting started.

  13. Avataaar/Circle Created with python_avatars Eleazar Abrego says:

    I'm not a bot lmao ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ all the comments on financial videos full of bots and bot initiated threads lol
    Stay strong my real people ๐Ÿค˜

  14. Avataaar/Circle Created with python_avatars vinivv says:

    TY Ricky for the truth!

  15. Avataaar/Circle Created with python_avatars Thirty Acres says:

    Sage advice.

  16. Avataaar/Circle Created with python_avatars Charles Shephard says:

    Your best video and recommendation so farโ€ฆ.donโ€™t guess and donโ€™t trade just becauseโ€ฆwait and โ€œReactโ€

  17. Avataaar/Circle Created with python_avatars ferarzo says:

    Going into the elections expect a big rally… everything else is noise, unless we get some really bad news of something

  18. Avataaar/Circle Created with python_avatars Emjay says:

    I dislike it when YouTubers tell me what to do with my money!

  19. Avataaar/Circle Created with python_avatars Gayane Martirosyan says:

    100 or 125! my wild guess

  20. Avataaar/Circle Created with python_avatars kenneth galang says:

    How do you play leap calls? I mean.. do you take profit at your set percentage or let it ride till expiration?

  21. Avataaar/Circle Created with python_avatars Dayana Plays says:

    Good stuff dude! ๐Ÿš€

  22. Avataaar/Circle Created with python_avatars Al Foreman says:

    I was trading TQQQ / SQQQ but now I'm trading SPXL / SPXS (S&P 500 triple leveraged ETF) because it follows the technical more precisely. Today is definitely choppy and sideways. The Dochian Channel Indicator on TradingView on the 2 hour timeframe shows that we're in a tight, sideways trading range. No clear direction until JPOW speaks on Wednesday. Either we're going long with a tight ATR 10 stop, or going short until we reach the June lows.

  23. Avataaar/Circle Created with python_avatars Pinnacle Trading says:

    Clickbait as usual

  24. Avataaar/Circle Created with python_avatars Pinnacle Trading says:

    Clickbait as usual

  25. Avataaar/Circle Created with python_avatars juan sanchez says:

    Stop the anger

  26. Avataaar/Circle Created with python_avatars Hola! Voruto Uzamaki says:

    Hey Ricky what you think about fed ex as a long term investment ?

  27. Avataaar/Circle Created with python_avatars Dj Reversal says:

    do 3% and stop the money printing lol. thanks

  28. Avataaar/Circle Created with python_avatars Randy Turner says:

    0.75

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