Stock futures inched lower on Thursday night as investors look to upcoming job data for clues into how the Federal Reserve may move forward. The action follows a steep sell-off led by bank shares.
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The Federal Reserve conducts the nation’s 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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So if you guys watched our earlier video today, I Literally was talking about the NASDAQ Market when it was barely beginning to show signs of an overall reversal. Now the thing that I talked about and please I encourage you watch today's earlier video I Talked about two things. So why did the market Gap up today? it was because of the initial claims and continuing claims report. and surprisingly, this was one of the first times ever in the past five months that initial claims and continuing claims actually comes in higher than expected.

meaning more and people are actually filing for unemployment than what was expected. Now, why did I think that this wasn't going to hold right? well because of what's happening tomorrow tomorrow is the non-farm payrolls very significant report and also the unemployment report also one like literally two most important reports that are going to be released so far in the month of March and then we have CPI data next week I Said in today's earlier video that it would not surprise me that although the market was in the green that it ends up in the red, did I expect it to be this dramatic? No, um, can I predict the future? Heck no, right? I've said many times about that I expect something to happen but the market doesn't always do what I expect right? Uh, we always have an opinion and I that's my job here on YouTube to share it. Today it played out better than according to plan, right? because I told you guys that I had a short position I went into Sqq which is a bare short ETF on NASDAQ I made 11 636 dollars right I left myself with my one lucky share just so you can see I don't have any open position on Tkq. Nothing like that, just my position that I had and then I closed it I'm still not certain, right? I Expect tomorrow for the non-farm payrolls that it's gonna come in way higher than the 205k that's expected.

and I believe that the unemployment rate is going to come in lower than the 3.4 percent than what's expected. and I think that the Market's going to sell off. So yes, I do think that Sktq can continue to rise right? I think NASDAQ right now on the Tactical side is going to retest that same support range at 290. but depending on how bad tomorrow is will determine how much we sell off.

Now that's again all just an opinion. and I mean it speaks for itself in the sense that if you're asking the question, when did I lock in profits I locked in profits at 38.10 If I knew that this thing was going to run up to nearly 40 dollars, then I would have held I would have made an additional fifteen thousand dollars on the day, right? But that wasn't the case. I I can't predict the future and just like you, right? I'm a not so perfect Trader But I learned from my mistakes, right? And this is the whole purpose of this video. I Wanted to make sure that you guys understood that based off of what I've experienced before.

I've seen many days like this where it's a small report that drives the market up, but the next day is a much more significant report and then that gets factored in towards the end of the day and ultimately that's what's going to determine market. Direction And it was the pretty much same setup today, right? Initial claims, continue, claims, decent report, but not as big as non-farm payrolls and unemployment rate that's going to be released tomorrow. So I just wanted to share some input on what I think right and what led me to that decision. My trades were not perfect today.
I Closed out my position because I still do not know how the Market's going to open. But all I know is that tomorrow one hour before the Market opens, the market is going to react either in a positive or negative way. It should not be a break even day, non-farm payroll's unemployment rate all released before the Market opens. One hour and then we're going to be hosting our free live trading session.

You guys killed it in our previous video. I Wanted to thank you guys to All you guys literally have to do is if you want to be able to watch me trade live, to see my entries, to see my exits, but most importantly hear my thought process. This Is so you can get a taste of what the learn plan profit group gets to experience every single day. I'm going to link it down below: it's going to be a private, unlisted live trading session and all you have to do is subscribe to the channel and get this video to over 2 000 likes.

So tomorrow at Market Open March 10th literally right at Market Open I won't be hosting a free live trading session and it's the first link in the description down below. If you have any questions, shoot me a direct message via Discord or via Instagram and that's the second or fourth Link in the description down below. Literally, super simple. There's no reason on why you can't tune on in.

If you've ever wanted to watch Mid-trade Live, it should be a very interesting live trading discussion. especially uh, because of that unemployment report and the non-farm payroll. So to everyone that's short of the market today, um, you know, congratulations, Hopefully you locked in profits. Hopefully there's more opportunity tomorrow, But this is the reason that I decided to sell my entire position.

Stay cash and be prepared for tomorrow because at the end of the day No One Ever Knows which way the Market's gonna end up going which is why I would rather stay cash and then wait for them Market to react. So very excited to take on the market with you guys all tomorrow again. everything is linked in the description I'll see you tomorrow at Market Open Drop a thumbs up! Subscribe to the channel and turn on your post notifications like always. Let's make sure that we end the year on our green up To Get Easy Team!.


By Stock Chat

where the coffee is hot and so is the chat

26 thoughts on “crash warning prepare for tomorrow do this…”
  1. Avataaar/Circle Created with python_avatars BCreative12 says:

    Bank failure. Bear to moon. Long hodl bears. 🤟

  2. Avataaar/Circle Created with python_avatars Hola! 💰 Easy $680 Per Day says:

    Blessed are those who can give without remembering and take without forgetting. ﹥﹥﹥

  3. Avataaar/Circle Created with python_avatars 💰 Make $685 Daily says:

    "Thinking should become your capital asset, no matter whatever ups and downs you come across in your life." __A.P.J. Abdul Kalam

  4. Avataaar/Circle Created with python_avatars Bondy Joseph says:

    Good Angle…A lot of folks have been going on about a February rally too and said stocks that would be experiencing significant growth these new year season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound

  5. Avataaar/Circle Created with python_avatars Vitaly Bocharova says:

    Nasdaq is down 25% from highs as well PLTR is holding up really well. It Comes with the territory. Just live your life and stop checking prices.

  6. Avataaar/Circle Created with python_avatars jerp pin says:

    I am so sick of this market

  7. Avataaar/Circle Created with python_avatars Naim Educate says:

    I have over 2 years of experience in YouTube thumbnail & Banner design, I have strong skills in each step of Photoshop editing and removing backgrounds.

    I will design a Strong Catchy video Thumbnail that will convince viewers to click on your video and boost CTR%.

    Are you need a Youtube thumbnail design??

  8. Avataaar/Circle Created with python_avatars 0RACl3 says:

    Don’t be fooled kids, market goes up and down, but sometimes it is clearly on the bullish or bearish side. Right now it is massively bearish. Unless Biden announces stimulus checks or some rare shit like that, SQQQ remains the only way to go until the market gets corrected. Been bullish for several months now, it is law that what goes up must come down. And TQQQ has gone up way to high.

  9. Avataaar/Circle Created with python_avatars Conspiracy says:

    You are a piece of xhit. Now I lost all my money stupid bimbo

  10. Avataaar/Circle Created with python_avatars Trazz Palmer says:

    The government has no firm plans to combat inflation. Stocks, Houses and commodities will rise along with everything else as they will continue to inflate. You can't just sit on your cash and wait for a crash; you have to put your money to work, start investing gently, and then pick up the pace as the prices fall further. Making the decision to take money out of my account in excess of $500K at this time is more difficult. I am aware of certain investors that continue to make that much despite the terrible downturn market. I wish I could pull that off.

  11. Avataaar/Circle Created with python_avatars Louisa Irvin says:

    My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless. I’ve only ever saved($510,000), never invested but want to start.

  12. Avataaar/Circle Created with python_avatars jenisly jensen says:

    SQQQ(:

  13. Avataaar/Circle Created with python_avatars Alex says:

    Thanks Ricky for your continuous guidance, even when you’re under the weather. Appreciated. 😊
    Market went also down due to the Silicon Valley Bank situation. Maybe you can comment on it on tomorrow’s video.

  14. Avataaar/Circle Created with python_avatars stocks channel says:

    Sqqq will get punished buddy

  15. Avataaar/Circle Created with python_avatars Alex Orth says:

    How would it come in lower? Initial claims were above expected which means higher first unemployment claims thus meaning a potentially higher rate, nfp will prob be higher but I reckon unemployment rate could be same or higher, doesn't mean bullish tho

  16. Avataaar/Circle Created with python_avatars Swae P says:

    Investors Will Keep Loading the Dip$… * FFIE.. 100 % Gains in 3 Months. Leading the EV Sector in 2023..Faraday Future. Just 20 days til Start of Production. .* IDEX….* ALPP…..* IQSTEL.. Profitable…* CENN….* ZEV….* VEV….* GEGR… Gaensel Energy. Profitable. 21 Co's in 5 Divisions. Investing for Better Air Quality in 2023. ? Thumbs Up Video / Thanks.

  17. Avataaar/Circle Created with python_avatars Sarah Karen says:

    💥I am so fortunate that I made productive decisions about my finances that changed my life forever. I am a single mum living in Melbourne Australia who bought my second home in September and is hoping to retire next year at 50 if things continue to go smoothly for me💞💞

  18. Avataaar/Circle Created with python_avatars GhettoGregg says:

    Free day stoked thanks Ricky

  19. Avataaar/Circle Created with python_avatars Hola! Lux says:

    Good call Ricky. Saw your video this morning, it was a clear sign to be a bear this morning

  20. Avataaar/Circle Created with python_avatars siraj Baloch says:

    Thank you Ricky your videos are accurate

  21. Avataaar/Circle Created with python_avatars Butterfly says:

    Locking in profits is never a mistake and nothing to learn from. It's much better to lose out on potential money you could have made as opposed to losing actual money. That way you live to fight another day. Same with closing out risky positions at end of day. When you don't do it, you end up regretting it. If it doesn't bite you a few times then you get overconfident and make the big mistake and really get bit. Great content.

  22. Avataaar/Circle Created with python_avatars lecherhao86 says:

    I locked in at 38.5. Happy to get a bit of profits. That's all that matters.

  23. Avataaar/Circle Created with python_avatars Gil says:

    Have you ever traded UVXY ?

  24. Avataaar/Circle Created with python_avatars Delta Golf says:

    Short squeeze tomm.

  25. Avataaar/Circle Created with python_avatars Clyde Smith says:

    Today was almost the perfect trade setup on SQQQ. It closed above the MA and then retested it to move higher. Always riding the Ema upward. I couldn't be in the market today as I was engaged in other business, and that's what the imperfection was…..

  26. Avataaar/Circle Created with python_avatars rahul roy says:

    Will yesterday jobless data will count in tomorrow's nfp data??

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