So will the stock market continue to Rally in this upcoming week? What's going on? Team at Ricky with Techbook Solutions I Just came across this article and I thought it was really really interesting and that I thought I would share it with you guys. So it says the stock market faces a crucial test this week. Three questions to ask yourself that will decide if the markets rally will continue to Rally right? Um and you guys can let me know in the comment section based off of what I share about my opinion about these three questions and then you can feel free to share in the comment section if you agree with me or completely disagree. But nonetheless I feel like these questions are actually of value because they will actually determine if the market continues to Rally or not and there are some of them are discussion.

Some of them are economic reports that are set to be released so it says there will be no rest for investors this coming week as they away a marquee report of the on the state of the U.S Labor Market. So again I don't want to overcome. Get this. The three questions uh pretty much the first one is you know was January Job report number a fluke and what they what they're talking about is you know that unemployment rate uh, unemployment was at 3.5 Uh, there was an expectation that unemployment would jump up to 3.6 Remember if it unemployment goes up, it means that the economy is still slowing down and that's essentially what the Federal Reserve wanted.

But the unemployment report and again I called it out because I Pay attention to the weekly initial claims and weekly continue claims. If you're part of my Lpp team, you know exactly what I'm talking about. But I'm still paying attention to these reports. But in January Not only was the unemployment rate coming in lower than expected, but the number of jobs added and created in the market was nearly double of the expectation.

That means the economy was actually growing much quicker than what they originally thought. right? When it comes down to February, there has not been one right? Not One initial claims or one continuing claims Where it comes in higher than expected. And what exactly do I mean by that? it's literally super simple. So initial claims are the number of people that are filing for unemployment for the first time.

If you're filing for unemployment for the first time, it's probably because you recently lost your job. There's continuing claims, meaning that you're continuously filing for unemployment, right? So therefore, you still don't have a job. There was not one week that I saw that initial claims or continuing claims came in higher than expected, not even as expected. They all came in lower than expected, meaning less people are filing for unemployment.

So in my opinion, based off of what I saw in January and how it you know affected the job report, how it affected the unemployment rate, it would not be a surprise to me that the number of jobs created are going to be much higher in February than what is currently expected and that the unemployment rate is probably going to go down once again. The market based off of January's reaction, did not like that the Federal Reserve wants the economy to slow down. That's what they originally said, right? But right now we have such a strong labor market and such a low unemployment rate that well again, this can really just justify the Federal Reserve being more aggressive with future interest ranks. So in my opinion, to answer this first question, no, I do not think it was a fluke.

Feel free again. this is all public data. Look at the previous initial claims and continuing claims and they have all came out for the month of February Lower than expected meaning less people are falling for unemployment, therefore more jobs are being created. Therefore, you know the unemployment rate should be going down.

Now the second question is, what will PAL say what exactly does this mean I Don't know if you guys knew this right, but they quickly talk about the discussion of the Economic Club actually live stream that all of you guys loved it right? This was on February 7th of 2023. I hit a discussion in Washington DC where he pretty much was being interviewed and then answered specific questions. and one of the things that he said in that interview that I did not like and you guys can feel free to watch that live stream was that he will as the head of the Federal Reserve will raise interest rates more than what is currently expected. If inflation data continues to come in hotter than expected, that is where the uncertainty of wow, you know, maybe the Federal Reserve will raise interest rates more than 0.25 right? So what they're talking about now is, well, what do you mean, What will PAL say right I'm not sure if many of you guys are aware uh, but there is going to be I wanted to pull it up for you guys I don't know if I have it here.

uh oh I do have it. It's under the Federal Reserve calendar so on Tuesday I I can live stream it for you guys I just need enough people to show up. so this one's going to be 30 minutes after the Market opens. So I would have to go live with my Lpp team first for our live trading session and then I can live stream this for free right? Testimony: Uh, Jerome Powell Right head of the Federal Reserve is going to be speaking in front of the U.S Senate Committee on banking Housing and Urban Affairs Why is that significant? Well again, this is Jerome Powell He is the head of the Federal Reserve and just last week, you know if you're asking the question, well why did after Thursday why did the market rally? Well, there is a president of the Federal Reserve for a specific state that commented I think it's from Atlanta He doesn't even have any voting rights, but he commented that he supports a 0.25 interest rate hike instead of anything more aggressive.

Just that comment caused the market to Rally. So if you're asking why the market rallied, it was just based off of that comment. So if you're then asking, well, what's the significance of Jerome Powell saying anything, well if Jerome Powell says anything to support that 0.25 interest rate, if you think this was a significant rally, the market could go even higher, right? Or if he says the opposite of like no inflation data is coming in hotter than expected, we expect to be more aggressive with future interest rate hikes. If he says anything along those lines, what do you think is going to happen, the market will react most likely in a negative way, right? This is why right now I Think one of the most influential people that can make any comment about the market or what's to come right With future interest rate hikes that can affect the market, it's probably Jerome Pal, you guys can let me know down in the comment section, but that is the significance of this.

So again, it's going to be a live speech 10 a.m Eastern time which is 30 minutes after the Market opens on Tuesday March 7th if you guys want me to live stream it, get this video to over 1500 likes I'd be more than happy to host it for you guys. So the last thing that they talk about is the question to ask yourself is how will stocks respond to higher yields For those that are unaware right now, investors people like you and I can invest in, um, six-month treasury bills, right? And they will yield anything north of a five percent return. Now that's very attractive for for, uh, long-term investors, Because right now there's a lot of uncertainty in the stock market. So why is this of significance? Well, the issue is is, you know you guys remember back in 2020 to 2021 during the pandemic, there's a lot of money being pumped into the market Because all of those Demi checks, right? There's a lot of money being brought into the market.

Well, this will be taking money away from the stock market, right? Which then therefore would be a bad thing, right? So because Treasurer yields right now are so important, Uh, so attractive. Uh, offering a five percent return in just six months, it is taking money away from the stock market. It's kind of like asking you the question of like, hey, do you want to invest in the stock market right now as things are uncertain or do you want to make five percent in the next six months I Mean right, Like it's very attractive, right it's not going to take away all the money from the stock market, but you can see why it is attractive, especially during a very uncertain time. So that is what this question is asking is because of how attractive an alternative way to invest does it take money away from the stock market and therefore hurt the market right? And how will that affect the market to count, right? Especially if these continue to become more and more attractive? So I thought these three questions were, um, pretty important question.

especially the first two Right was January of fluke because we all know that when once that Unemployment uh report and the job report was released, the market reacted in a um negative way. right? And for those that are asking well, when is the next job report or employment report? uh, you guys could see here that the one that's going to be reporting for the month of February it gets released on March 10th, 2023. So if you're asking the question, well, does that even get released soon? uh yes, it gets released at 8 30 a.m Eastern time. So one hour before the Market opens March 10th which is Friday if I'm not mistaken.

Um, but yeah, so very excited to follow up. Um, and you guys can let me know down in the comment section I Think you know we're going to take it day by day, especially with my learn Plan Profit team. Um, we have this Jerome Powell speech. so if this video doesn't get over 1500 likes then I'll just host the Um live stream privately.

But you can see that there's two speeches. there's going to be one on Tuesday March 7th and once on Wednesday on March 8th and you can see both of them are at on what's it called 10 a.m so you know I'd be more than happy to host the live stream on both I Just want enough people to show up. so again, make sure you drop a thumbs up, make sure you subscribe to the channel and I'll take care of the rest. Okay, other than that, I Do want to remind you again, we are running our biggest Giveaway Ever! Uh, so if you've been um debating um or Saving right to join Learn Plan Profit 2.0 This is the only team that gets to watch me trade live every single day.

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