And just like that, we are back in. Arizona What's going on team? It's Ricky here with Techb Solutions here with a super quick market Update: Not just a recap on my day, but also what you need to look forward to for next week. Big big things are happening early to mid next week and let's go ahead and just dive right into it. First off, my overall position that I had on coin today this was a day trade that I took during my live trading session again.

I do trade live every morning if you want to tune on in as soon as Monday we're running a 50% off sale. it's the second link in the description down below I shorted coin and then again as I came back to retest the previous support that it's had at $21 you can see that it was the same general Zone that we were consolidating at yesterday. we showed signs of a support. It began to indicate signs of reversal I went long on it covered.

closed the day 15.1k on the day and on uh, Dwac I went long originally right when the market opened I ended up selling right away so I looked at previous highs I locked in profits at 3648. Boy was I in for a surprise when this thing gapped up to $40 a share. but again, there's no such thing as being perfect I sold when it made sense to me I sold based off previous patterns and then it continued to run up. it became very overbought and just like a slingshot, right? I Love to see when when opportunities like this happen because anytime that they Gap up this quickly they tend to correct themselves and that is exactly what happened.

It's hard to see kind of on the one minute, but it was very easy to see on the 5 minute. When you look at this we became very overbought and when you short something you make money as it sells off and it retraced all the way to lows of $35 and I walked away with 12K on the day shorting Dwac which was one of my bigger trades and I had nearly 12% margin to work with. Um I Clos it out and as you can see, 27,000 is what I closed the day on. This is not an average day for me.

I'm very very grateful for it I left myself with my one lucky share there and then on coin I left left myself with my one lucky share there. Other than that, let's talk about the one that everyone is asking about. Tesla it's not a red day right? Kind of a break even day in the green but pretty much break even a lot of consolidation we will see next week after big. Tech begins to report earnings if Tesla begins to recover or if things get worse for Tesla Well how can things get worse? Did he know that next week we have companies like Google that report earnings on Tuesday this is January 30th as well as AMD reports earnings on Tuesday after the market closes January 30th.

Did you know that uh, what was the other one we had Microsoft Google and AMD those are the main ones. Uh, that I wanted to make sure that you were aware of that after the market closes on Tuesday of next week, these three big tech companies are going to be reporting earnings And think about this. it's really Google and Microsoft Google with a market cap of 1.9 trillion billion dollar and then Microsoft with a$3 trillion market cap. Just think about the influence that it will have to the overall Market If they beat expectation, can it send the market to new Highs But if they don't and they begin to sell off, then can it bring down the NASDAQ market and everything else with it? And if that is not enough to look forward to next week with big Tech reporting earnings then have no fear because the Fed rate Monitor tool is here on January 31st which I believe is when Wednesday of next week we have the Fomc rate decision.

I will be live streaming this for free on my YouTube channel. All you need to do is subscribe, but there's a market expectation that they're going to pause. This is where the Federal Reserve has an Fomc meeting and they decide are we going to raise interest rates or we going to pause or are we going to cut interest rates according to this Fed rate monitor tool, there's a 96.9% probability that the Federal Reserve is going to pause. We will see what they report and how the market reacts.

Based off of this, this is what the market is currently factored in. Now, if they raise interest rates, get ready for a selloff, but if they cut interest rates, then that's good for the market. Get ready for a nice little push. As of right now, they're expecting to pause, so that's most likely what we're looking forward to.

But again, I will make sure that I keep you guys up today. If you have any questions about what we talked about today, do not hesitate to shoot me a direct message I Don't care if it's Friday I Don't care if it's Saturday or Sunday Again, shoot me a direct message right now, especially if you're an absolute beginner and wanting to get started. I Hope to see you for my live trading session on Monday day and again. If you want to tune on in, it's going to be that second link in the description down below so you can watch me trade live as soon as the Market opens.

Like always, let's make sure that we end the year on green Note: Take Care Team.