Earnings day: Thursday is a big day for tech earnings. Alphabet Inc., Amazon.com Inc. and Apple Inc. all report financial results after the stock markets close in New York.
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Foreign Solutions Hope that you guys are all having an amazing Thursday Today is Big Tech Earnings we got Google with the out with the mother company known as alphabet Amazon Not sure if you heard of them. Big E-commerce company and Apple all report earnings after the market closes. Now there's two things that I want you to understand. One part that you're going to see is the market reacting to when these companies actually report earnings.
The second part is their actual earnings call. So you're most likely going to see two waves. you know? Uh, Tesla Experienced this where right when Tesla reported earnings, it saw a mild reaction. but it was during Tesla's earnings call that really gave Tesla that second win or really that confirmation to actually continue to Rally Not too sure if you guys remember that, but I just want to make sure that you are aware.
Uh, if you're a little bit newer to how the market moves normally, uh, when these companies are reporting earnings, The reason that today is so significant is because well, it's big Tech and Big Tech like Apple Amazon and Google I mean they have such a large market cap and they make up so much of the NASDAQ and of the S P 500 due to those market caps that they can really shift overall markets. So if we see Apple and Amazon and Google earnings very, uh, um, or if we see them very bullish, right? the market will most likely aggressively make new highs. If we see them very bearish, then not only will those stocks sell off, but they'll most likely bring the rest of the market down with it. This is why it's important to prepare, so just want to make sure that you are aware so that these reports, uh, get released after the market closes.
The market closes in just two minutes. So I hope that you guys are ready for it. Sit back, relax, enjoy yourself. I Hope that you can drop a thumbs up.
Please consider subscribing and if you have any questions after this live stream. One of the main reasons that we do so well here on YouTube is because we try to make ourselves as much as we can or as accessible as we can. So if you ever have any questions, please, even if you're an absolute beginner, send me a direct message via Discord or via Instagram And that's the first or third link in the description down below. Friendly reminder: I will never reach out to you asking for money.
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All right, All right, should be a fun, fun time. So a lot of the people that are part of our OPP team that you guys all know that you know I mean once these reports get released, the market will react. If you can't tolerate significant movement, then please, just you know, do yourself a favor and do Not put yourself in a position in which you cannot tolerate. So here it goes. Looks like Market is trying to Rally shortly before these quarterly earnings. So we got Google Amazon and Apple reporting earnings. Let me know down in the poll how you think the Market's going to react. Let's go ahead and put this.
So here it goes. So here it goes: These reports. There it goes: Market Is reacting short pullback, small pullback QQQ Let's keep an eye out for Google Let's keep an eye out for Amazon and let's keep an eye out for Apple So we're going to see quick movements again. It can be bullish or bearish.
Make sure you that you participate in that little poll in the live chat. Uh, if you you need to be subscribed to be able to participate in live chat. just a little friendly reminder. it doesn't cost you anything, just a little subscribe button.
So foreign Market is Break Even Pretty much a little bit in the red but not very much. I'm trying to look at. You know what we got going on for Apple Uh, not much movement there. so normally it's about five minutes.
Uh, three to five minutes after the market. Um, actually. oh, here it goes. So we got meta dropping.
Oh no no no no, no hole. Amazon First to report. Oh wait wait wait wait wait wait Now the Bulls are out. Look at Amazon from down two to three percent.
Holy Smokes, Think about that. That's a 1.5 trillion dollar market cap to be moving the market that much. Look at that. What do we got going on here? Are we bullish? or are we bearish? Holy Smokes, Dude.
just imagine. look at all these freaking whoa, whoa whoa. Here it goes. The Bulls are out 1.5 in the green, 1.8 percent in the green.
For Amazon earnings we got Apple still in the red, we got Google Pretty much Breakeven still. so Amazon Oh my gosh, What the heck. Oh oh my goodness. this is insane.
Again, if you don't have an open position, then you shouldn't be affected much, right? Uh, by these quick changes of Direction. But this is why it's super important to be aware of what's happened, right? Just imagine you just getting into the stock market this week and then you're saying oh my God What's happening to my Amazon position? I'm up I'm down I'm up I'm down. What's going on? 2. 2.5 percent in the green and it looks like Amazon is in the green.
Look at that. two two. Oh there it goes. Three percent in the green.
There it goes. There it goes. We got Google right now. Wow Google down one percent Amazon Beat expectations and there it goes.
Google is now returning into the green and we're taking off. Look at that. Here it goes: Tqq up one percent going back to pre uh to normal Market hour highs we got Apple Moving back up and again. it's going to be a domino effect, right? One gaps up. But again, please be very careful. You guys see the volatility happening right? The earnings call hasn't even happened yet, so this is just a reminder that market is over extended based off of recent patterns. But just just do not put yourself in a tough position. If you want to continue to hold, then hold those positions.
If you think that it's too risky and you don't want to give back profits, then have a plan in place, right? Wow, This is insane. There goes. Apple Moving in the green. Still moving on.
Its upside 150 207 after market hours. That's what it just hit highs of. And look at that. Amazon Again, this is why we talk about locking in profits.
Staying out of this chaos. It's fun if you're not partaking in it, right? If you are partaking in it, you're kind of like, oh, you know what do I do, What do I do But again, I don't put yourself in a position in which you cannot tolerate. We talk about position size all the time. If you own one share of this, you're not gonna freak out.
It's just 110 right to each. Throne right? It's all perspective. But if you put yourself in a very aggressive position, then obviously if things begin to go south, it's not going to feel very good. So do Not put yourself in a position where you're going to be irrational or emotional.
It's very simple. It's not rocket science, right? We talk about that all all the time. Oh, from up three percent now down two percent and vice versa it was down two percent originally, then up three percent I mean these are quick changes of direction for Amazon a 1.15 trillion guys trillion dollar market cap we got Google in the green. How long will it last up here, right? That's kind of a magical question to ask yourself right now.
Wow. still holding pretty well for Apple trying to recover right now for Amazon Amazon Back in the Green, Bless you Rick I Appreciate that. Thank you thank you for tuning on in hope that I earned your thumbs up in this video. And do not forget to subscribe.
Let's move like meta. Oh man. If Amazon were to Gap up or gap down 20, imagine that bloodbath. I mean you have to think about it.
20 of Amazon is 200 billion dollars. 220 billion dollars. That's what it would lose or gain if it were to Gap up or drop 20. Insane, huh? Insane.
So it's pretty much a break even right now. Um, we got Google Look at that. Google Giving it all back. took my profits thank God and again, but we can't stress this enough.
It's just markets are overbought. But if you want to continue to hold, then please do as you please, right? You Not locking in profits doesn't do anything for me. It's just a reminder of anytime something is overbought, you're never going to be a perfect Trader If your intention was to trade that stock, not invest in it, but trade that stock different intention, right? then hold yourself accountable. That's all we're ever here to encourage you to do is to, you know, take your downside risk into consideration I Want you to keep as much profits as possible, but you, you'll never be perfect with that, right? So holding us key takes as you crack me up. I have a position SQ at 34 and I am clinching my cheeks There he goes. 2.4 percent. But again, even if you are shooting the market, do not be afraid to lock in your profits. I Don't care if you're a bear, right? If you're up right now, right? The earnings call hasn't started.
You might be green right now if you're shorting the market, but it doesn't mean that it's going to end that way, right? A lot of the reasons that, like Meta gapped up yesterday uh, you know, is the supporting earnings call earning calls are sometimes even more important because they give up and coming guidance in 3.7 percent. Oh my gosh, Oh my gosh. We're going back to our support range here at 26.50 Testing support range QQQ Testing support range at 3 10. right? We're at 3 10, 28 after market hours Tesla down 133 And just like we said right, it brings down the rest of the market with it.
Googledown: 1.9 percent Holy Smokes 1.2 percent 3.4 percent. Apple is down a measly right. It's hard to move Apple 2.39 trillion dollar market cap. That's a tough one, right? 3.3 percent down.
What's the math on that? Three percent I mean that's at least 30 billion dollars that it's wiped out. But I mean Jeff Bezos snaps his finger and he has 30 billion, right? So a different time to be alive Amazon's revenue is slowest in 20 years. this is not good for Amazon Selling pressure is kicking in. Selling Tqs down two percent QQQ Oh no, this is and again, this is going to be a domino effect.
Nope, they're all. they're all falling. So let's actually look into what's going on here. Okay, pulling it up in my second screen.
All right. so we have Amazon Earnings Net sales increased by nine percent, Operating income decreased by 2.7 billion. We have net income that decreased by 0.3 billion or three cents per diluted shares. So AWS increased by 20 for their sales part.
Holy smokes, this thing is not stopping. Five percent in the red. one percent for Apple It's a bear trap. It could be right.
So again, I don't care if you're bullish or bearish. If even if you are bearish, right people think oh, Ricky you're only encouraging Bulls to lock in profits. No, if you're a bear, right? If you're part of my OPP team, you know that I don't care if you're a bear right now. What was the one message I sent out right before this live stream us as Bears Right now, it's good.
It's fine that we think that the Market's overbought. That's our opinion, right? We have no ground to stand on and I will tell you this as I'm shorting the market I do not care I have no ego with this and I know I I'm I'm wrong, right? us Bears have no ground to stand on in being greedy right now. If you're up on your on your short position, lock in Prophets, Who cares, right? The Market's been so so so so bullish. We know that it can recover on a dime. We know anything. It's not going to take much to to cause more buying pressure right right now. It's things are so good for the market that it's like let's wait for that actual sell-off right now. Let's take it day by day.
There's no reason to be aggressive. You know that we do not care. Please please, please remind yourself. Remind yourself to not be afraid to lock in profits.
Remind yourself to understand current market conditions like yeah, Us bears are up right now, right? 2.5 percent. So who cares, right? Locking profits buy yourself a nice bowl of Chipotle with guac, right? But Ricky What if it goes up to 35 dollars I don't care, right? We have. We have so much margin to work with. We have so much upside margin.
Why are you so worried about 35 when it has the potential to recover up to 58, right? Why nickel And Diamond Opportunity I'm telling you I don't care if you're a bull I Don't care if you're a bear. My focus with all of you is to have a plan. lock in profits to not be afraid like I Feel like again the stock market is a horrible place to learn that you have an ego problem like you will never be perfect I Don't know what your parents told you I Don't know what your friends tell you, but you are not perfect. You are not a perfect Trader and you will never be a perfect Trader Please do your future self a favor.
Do not discourage yourself to never want to trade again because you are so obsessed about trying to maximize every trade. There's no such thing as that. You can only do so much right if you are profitable. If you are green, call it a day, right? Know when enough is enough? I Don't care what your parents told you're not perfect.
The only person that's perfect in this role, that's my daughter. Okay, not all any of you. Just kidding. Just kidding.
Just kidding. But um. yeah. I Just want to remind you I don't care if you're a bull or if you're a bear.
My, my job here is just to remind you and encourage you to look out for yourself I Want you to be selfish I want you to be so selfish that all you focus on is working so hard to be able to provide for the people that you love. That's that's all. I Literally wanted. or even if you're so selfish that the only person you love is yourself beautiful I Don't care, right? focus on yourself.
Okay, wow, what a beauty. What a beauty Google down four percent on the day. Okay, wait for lower highs. Watch.
watch for the reversal here. It's looking like it's trying to recover, but I'm waiting to see if we actually get confirmation of lower highs and Apple's not down very much. Apple's not down from something that I can't recover, right? Apple has its earnings call. They still have their earnings call I will not be live streaming when they have their earnings call so just be aware of that. I'm going to be closing. Today's video is going to be pretty short I Feel like all I've been doing is filming a bunch of videos I Hope you guys have been enjoying it, you know? I Really? I Really Do? I Just feel exhausted? Um, staying in like in front of these lights I Don't know about you guys, but I do appreciate all the time that you spend and dedicate to my channel. I I Hope that you know that it really does mean a lot. Uh, then hopefully I can continue to do this and be of value for all of you guys.
So again, drop a thumbs up and make sure you subscribe. So I try to make it as enjoyable as I can with my little jokes and my dad jokes. so hopefully I make it a little bit less boring and more entertaining for you guys. So we foreign oh my gosh this thing is getting even worse.
You have confirmation lower highs. this is not a good sign for Amazon This is a great sign for the Bulls Holy folks, we're approaching previous hives. Oh man oh man. I Love this! So earnings per share is 105 versus 118 for Google So that means that they missed their earnings per share and their revenue was 76 billion and they reported uh, 76.5 billion was the expectation.
They reported 76.05 so they missed on both EPs and Revenue. It's not anything too too significant, but again, right there we saw a big a quick shift or it looks like Google and Amazon are down. pretty bad. it doesn't look like again Apple is like its own thing.
Apple's like, well everyone else is drinking beer and hanging out. Apple's kind of like you know, the wine and dine kind of stock. It does its own thing. it it doesn't Sometimes it carries markets with it.
Um Apple's just a strong strong company. So I'm hearing that Ford is down after market hours. Oh I guess the Ford Lightning isn't paying off like they said it would. Oh my.
God Nearly 10 of a loss. can you look at Microsoft I have Microsoft here? but Microsoft Um has already Oh has Microsoft reported I know they don't report today I Thought Microsoft's reported already. Thanks for giving us Um for giving us retail investors our perspective to not be afraid of selling on both long and short terms. I appreciate the content I Appreciate that man.
thank you I appreciate your time and again. I Know that I wish when I first got started and even now I wish I would be reminded that you know this happens to me very often where like you obsess so much about your upside of like you know. Let's say for all of our people that are in Sqq you're like oh no I want to sell You know it's at what? What price are we at right now we're at 33.93 and you might be hesitant to sell because previous Highs are 33 30, right? So you're you could miss out on 30 cents per share. But if you really think about it, two things. First off, there's 30 percent 30 cents for an upside. and there's like a dollar for a downside. So you know your risk. Your reward to risk ratios are not good up here, right? And if you think about it also, it's like for an additional 30 cents, you're gonna risk going from Green to Red You think you're going to Care five years from now.
You know that you made an additional 30 cents on that trade per share. Make sure it might feel good for a little bit. But guess what? What do you think is more important to make an additional 30 cents on every trade Or to build a healthy habit of locking in profit at a solid price point? What do you think is more important? It's a rhetorical question, right? You could answer it yourself. You know exactly what's more important.
Building healthy habits. Remember I'm not I I openly say I know I'm not perfect I know I make mistakes and I have a specific way that I trade and I know. Not all of you need to agree with me because there's a lot of different ways on how to make money. but there's one thing that we all have in common: I Don't care what you say that your intention is when you're here.
but we're all here for one reason and it's to learn how to make money consistently. So my reminder to lock in profits is just always to take your downside risk into consideration. That's all okay I don't care if you're part of my learn plan profit team or not I hope that you know that it gives me peace in mind that I'm encouraging are younger and less experienced generation to never be afraid to lock in profits because I wish when I first got started that was instilled as a healthy habit. That's what I want you to know right? If you end up joining my Lpp team great, you know I'd love the opportunity to work with you.
closer. watch for the reversal here on Amazon But if not, I respect that and I wish you nothing but the best. Right point? We're testing support here. What do you guys think? Are we gonna break below 102.65 Google Formula support if we break below this wall again, the Macd is looking good.
The RSI is looking good Isn't it so funny? You know it's literally. Oh there it goes. He loves new lows, new lows, new lows, new highs. For Skq, Here it goes.
What a Freaking Beauty Apple Pretty much Break Even But remember I mean look at Apple's market cap 2.39 trillion, look at Amazon 1.15 and then look at Google 1.39 I mean apple is nearly Google and Amazon combined almost I Mean they're bigger still, but pretty crazy, huh? That's Apple Steve Jobs Wow. Which I think it's so interesting to have that much influence that much power? Beautiful. Isn't it? all right? Okay, well I don't want to take too much of your guys time. You guys know exactly where to find me.
Um, I'm very pleased that I was able to share this experience with you guys for big Tech reporting earnings I Hope that you guys enjoyed it. Uh, most importantly I hope that if you know if you have any questions whatsoever, I'm here to answer any questions I Don't care if you're part of my team or if you are like yet right, send me a direct message via Discord the first link in the description down below. or feel free to send me a direct message via Instagram And that's that third link in the description down below. I Work with one team and one team only every day. So if you're trying to get started in the stock market and you want something that's more structured and I can condense the time that it will take for you to learn this, that's my learn plan profit group. It's the second link in the description down below. You get to watch me trade live every single day, my green days and my red days. Most importantly, you hear my thought process every single day at Market Open I Trade Live for about 30 minutes to an hour.
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I do want to remind you that we are giving away a free flag with every order today from Shoptechputs.com Just add your favorite flag to your order and today and tomorrow are the last days to enter for our Apple watch Ultra giveaway. So if you want to learn more about that giveaway, that's the fourth Link in the description down below. The giveaway winner will be randomly selected on February 4th. So all we remind you to do is to make sure that you enter before January Uh, February 3rd.
So other than that, I'm using the Weeble trading application. It is free for everyone in the US and it's the fifth Link in the description down below. Like always, continue working hard, continue falling dreams, Let your passion be a judge and success. And like always, let's make sure that we're in the year on our green now.
Take it easy team! I Really do appreciate you guys time and bears do not be afraid to lock in profits. Remember, we can see a quick shift of direction right when these earning calls begin to come out. If they say anything that's very, very bullish, Yeah, you know Amazon's down six percent right now Google is down six percent. It looks bad.
First off, it could get worse. But remember, it's never a bad idea to lock in profits. Green is green. Buy yourself a bowl of Chipotle or something.
Like always. Let's make sure that we're in the year on a green outfit.
Despite the economic downturn,I’m so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days.
Your screen is so dark. It is uncomfortable.
Ricky can lost 9k it’s no big deal for him lol
Thanks for your excellent advice. I will focus on myself to make money to provide for my family.
Building wealth, I appreciate your advice. Thanks for all your help wisdom and knowledge.🙏🏻❤️😇❤️
Why doesn’t Ricky reply to comments?
what’s that purple app?
Thank you Ricky!
So if Amazon is down the lowest it's been in 20 years, would it be profitable to invest in Amazon? I'm new to trading
Right? Right? Right? Right? Right? Right? Right? Right? Right? Right? Right? Right?
Ends every sentence with "RIGHT?"
i was up $130 before I took a nap, woke up profit $60 🙁
Thank you for your time Ricky
Talk about whipsaw action after hours when these stocks reporting earnings.
How does it feel to be a new dad Ricky? I have my second being born in about 2 months.
Thanks for all you do Ricky. This insight is amazing. I didn’t catch this live, but I’ve definitely been taking your advice on locking in profits, and not worrying about what the potential “could have been”. Amazing work as always. Thank you
the way everything moved after earnings today was absolutely isnane i’ve never seen anything like it.. i made a lot of money though so i’ll take it 🤑🤑🤑
Good call Ricky
I had to sell my META stock, good profit after a couple months gotta say.
I got in at SQ at 34. Let’s see what happens
I was ready to judge you when I got the notification for this video and read the headline…you were so right tho!
Thanks for your videos Papa Ricky, help out a lot
Stop putting this dumb bearish thumbnails while the market is green. Makes you look like a fool. Unsub
Yummy XOX riche Bear bubble cream
How do you lock in profits?
Buy the dip?
You should give up trading and become a Priest. You give way too many damn sermons. Do like Meet Kevin and cover the data. .