Are you closely watching the earnings reports from major tech giants like Facebook, Amazon, and Google? If so, you might want to brace yourself for some bad news. According to Pivotal Research Group, these companies' future hangs in the balance, and their earnings reports tomorrow could be very telling.
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What a beautiful pullback today! What's going on guys? It's Ricky here with Attack Mode Solutions I am testing out a new microphone so let me know down in the comments section. if you can hear me a little bit more clearly, let me go ahead and start sharing my screen so you guys can see exactly what it is that I'm looking at, this is the NASDAQ Market We talked about this yesterday, testing our resistance range right around 385. I Talked about shorting the market by going into Sqq which goes up on the NASDAQ Market goes down and guess what? when the NASDAQ Market gapped down, we went into Sqq, added more to it and like I talked about in today's earlier video, walked away with 22 685 dollars in the green and that was by me selling earlier. The thing that I'm very proud of today, it wasn't perfect and trust me, I mean I Technically I could have made more money based off of how the market actually panned out right? But being realistic, no one can ever predict the future.

So when I locked in profits and I sold my position on ask QQQ if we look at the five minute time frame I sold most of my position uh, right around 18. 1810. uh was the last exit that I had it hit Highs at one point of 1837. But other than that, it really lacked progress.

and the thing that I'm very grateful for is because it lacked progress. And what I mean by that? it wasn't showing signs of continuous higher highs and higher lows. How many times have you kept an open position and because you think it's going to continue to Rally or indicate signs of an uptrend and all it does is either trade sideways and it wastes your time at you, waste the entire day right? and nothing new happened or even worse, you know it consolidates and then it actually begins to sell off. And because your inability to lock in profits or to accept that there's no signs of progress in closing that position, you end up going from a green trade to a red trade.

So the reason I'm so proud today was not because I bought at the lowest price point and sold at the highest price point. It was because when I saw that there was clear there was no clear indication of continuous progress. Any open position position that's open to risk I closed my position, there was no continuous progress and I still kept myself. I mean I was just very efficient with with how I treated today and I stayed in the green.

Yes, I could have technically made a little bit more money, but again, it's never about being perfect. it's just about seeing what you've done in the past before and how you can simply Implement a little bit of progress and I think the the time that I spent in the market uh, was very efficient today. Uh, now where does this put us with the rest of the market? Uh, when looking at this on the 30 minute time frame, obviously, it's very easy to see that we've gapped. down.

We are testing our previous support range that we've had here for QQQ. If we look a little bit further on the one hour time frame, we can kind of get the bigger picture right. We are now trading below the moving average, which is something we haven't done and actually showing signs of lower lows lower highs. So we'll see if the sell-off continues until tomorrow, right? We have Apple and Amazon reporting earnings after the market closes tomorrow, which I will be live streaming for free on this YouTube channel.
so just another reason to subscribe. But if you look at this on the four hour time frame, we're still above the moving average and we haven't really traded below the moving average in a really long time. And overall Market's been very, very bullish. So I'm excited to see I think that Apple and Amazon reporting earnings tomorrow will either be the start of something new as in that the market is selling off and maybe breaking below the moving average on the four hour time frame or again, just an amazing time For you know, there to be a bounce at previous support levels and then recover back to previous highs.

Remember I don't care which way the market ends up going, the only people that get upset either when the market goes up or the one the market goes down are those that are super opinionated and we're hoping for something to happen. I'm cash right now, which means that I'm waiting for direction to be more clear. I'm waiting to see if the market does continue to sell off because at that point then I'll begin to short the market or if the market begins to recover, then I'll go along with the market and go into Tqpq. I Want to be as unbiased as possible I Just want to focus on one thing and that is price, action, and of course direction making sure that it's favorable.

I Just wanted to share my idea with you on where I see the market right now I Do agree that it's oversold, but now we're testing a level that we haven't tested in some time and I think Apple and Amazon earnings tomorrow can really give us a better sense of direction if we're going to begin to sell off or actually just continue to rally and and retest previous highs. So again, Apple and Amazon reported earnings tomorrow after the market closes. I will be live streaming that for free on the YouTube channel. Why did the market sell off today? For those that didn't catch today's earlier video is that again, the U Us credit rating got downgraded by Fitch ratings and this is the second time in history.

The other time was back in 2011. Uh, it got downgraded from the highest of a triple A rating down to a double A plus. But again, if you really begin to ask yourself the question of how it even how the US even had a triple A rating credit rating, right? That just doesn't make sense. I mean the amount of money that the US is in debt for the way that they've handled that? U.S Debt ceiling.

Um, it's just I Mean at least for me and I made this joke on Instagram It reminds me of that friend we all have with a super low credit score and that always asks to borrow money but never pays any of it back. This person would have a 300 score for its credit score, right? Yeah, we we had a AAA rating for the United States It's just pretty insane. So tomorrow when it comes down to economic reports that are going to be released, these are all pre-market hours. so this is productivity pre-al Uh, we got unit labor cost.
We got initial claims, continue doing claims. those are all before the market opened and then during normal trading hours which is when we're working when we're going to be live with the Lpp team. So this is 15 minutes after the Market opens. This is the S P Global U.S Services PMI Final and then we have Factory orders and ISM non-manufacturing index all being released during our live trading session tomorrow.

I Do want to remind you if you've never gotten a taste of what it's like to watch me trade live I Would love for you to see it tomorrow. I Mean it's going to be quite interesting not only during um, you know, Apple and Amazon earnings if I take a trade, but it's really cool to see kind of everything being put together. You get to see my entries, you get to see my exits, but most importantly, you get to hear my thought process behind each trade and those are both green trades and red trades. You get to see both sides of everything.

and I think that's the great thing about it, especially if you're just getting into this. But I just wanted to recap the overall day again 22k on the day. Very grateful for how today played out and I'm gonna try to make the most out of tomorrow. so I appreciate your time I Hope that we're in the thumbs up again if you want to watch me trade live as soon as tomorrow.

Second link in the description down below. It's a one-time payment, lifetime access and you can get to watch Mature Live as soon as tomorrow. If you have any questions before setting up, shoot me a direct message via Discord or via Instagram and that's the first or third link in the description down below. Like always, let's make sure that we're in the year on.

Agree now! Take it easy team!.

By Stock Chat

where the coffee is hot and so is the chat

32 thoughts on “Earnings report alert: big tech’s future hangs in the balance”
  1. Avataaar/Circle Created with python_avatars Janet Lis says:

    Sounds like a base

  2. Avataaar/Circle Created with python_avatars J J says:

    Can't hear anything. That's with boose cancelling headphones. Turn up the volume!

  3. Avataaar/Circle Created with python_avatars Sam Mantell says:

    To make $22K as you did in SQQQ, how much capital do you need to trade it?

  4. Avataaar/Circle Created with python_avatars Karim Baroud says:

    Much better mic

  5. Avataaar/Circle Created with python_avatars M.MUSTAFA says:

    Volume very low

  6. Avataaar/Circle Created with python_avatars Mathew chesser says:

    Rick mic sounds low volume

  7. Avataaar/Circle Created with python_avatars Rocket says:

    Apple will see 200$

  8. Avataaar/Circle Created with python_avatars Kenny Kautsch says:

    Super quiet

  9. Avataaar/Circle Created with python_avatars Live N The Moment says:

    Yeah, I got out at 18.21. But everything is down now. O boy, this is going to get crazy?? That's very true how did we get such a high rating especially with our dept going up YAYear🤔👍👍👍👍👍

  10. Avataaar/Circle Created with python_avatars 2kTrading says:

    🥱🥱🥱🥱🥱

  11. Avataaar/Circle Created with python_avatars Miguel Martinez says:

    new mic sounds good just a little more volume 😉

  12. Avataaar/Circle Created with python_avatars Shawn Williams says:

    Mic sounds great, seems a bit quieter than the old one. I sold my sqqq when it started lacking progress at $18. Went to do other things, came back and it moved higher 😒 but I still locked in profits.

  13. Avataaar/Circle Created with python_avatars Joel Reyes says:

    APPLE WILL SAVE THE BULLS

  14. Avataaar/Circle Created with python_avatars Anthony R Corona Q says:

    It does sound better!

  15. Avataaar/Circle Created with python_avatars DashyMan DM says:

    Do you think sqqq can go over $50 if qqq get new low like October lows

  16. Avataaar/Circle Created with python_avatars Darthzlayer says:

    Microphone sounds great, it’s not low, I can hear you clearly

  17. Avataaar/Circle Created with python_avatars Zeweldi Tesfazghi says:

    VOLUME IS LOW RICKY

  18. Avataaar/Circle Created with python_avatars Rosalie says:

    Weak sound. Just being honest.

  19. Avataaar/Circle Created with python_avatars Larry B says:

    Mike sound is softer than usual…FYI

  20. Avataaar/Circle Created with python_avatars Raymond says:

    Hey Ricky, vix was up over 10% today and you know what that means

  21. Avataaar/Circle Created with python_avatars Ross says:

    Microphone sounds great

  22. Avataaar/Circle Created with python_avatars Norman Leonard says:

    Only God knows how much I praise Him, $230k every 4weeks! I can now afford anything and also support God’s work and the church

  23. Avataaar/Circle Created with python_avatars Squarebody Truck Camper says:

    Thanks for the great update! Mic volume is a tad bit low, but good quality once I turned up volume. Thanks again.

  24. Avataaar/Circle Created with python_avatars Evanesce says:

    Mic sounds crispy sharp

  25. Avataaar/Circle Created with python_avatars tracefx says:

    You sounded clearer, crisper, and louder (in a good way) with the previous mic.

  26. Avataaar/Circle Created with python_avatars Red Moon Legacy says:

    🎙️ ✅

  27. Avataaar/Circle Created with python_avatars Dave K says:

    Microphone sucks !!!!

  28. Avataaar/Circle Created with python_avatars Zachswildlife says:

    Mic sounds way better when your talking toward your monitor! Good purchase!

  29. Avataaar/Circle Created with python_avatars White_Owl217 says:

    Where do you get news alerts for changes in the market like this recent one

  30. Avataaar/Circle Created with python_avatars Captn Clutch says:

    Mic sounds great. Little quiet but that's an easy adjustment and the quality is fantastic! Appreciate your updates as always man.

  31. Avataaar/Circle Created with python_avatars stevensjack says:

    volume is very low on new microphone

  32. Avataaar/Circle Created with python_avatars Reality Rebels says:

    mic is great rickkyyyy

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