Hey, what's going on guys, it's Ricky with talk about Solutions and today Microsoft and Alphabet which is Google's mother company is going to be reporting earnings after the market closes. I will be live streaming it. so I'm going to start sharing my screen I Really hope that you learned something new and if you do, please consider dropping a thumbs up and subscribing if you feel like we earned it without further. Ado Uh, here we go, right? We got NASDAQ Market Um, let's see.

All right, We just updated the Weeble trading application so there's a new software update available. If you guys are asking the question: what trading application do I personally use you don't have to use the same one, but if you want to use what I have, uh, going on over here I Just uploaded a bunch of videos on my setup on how you can have this exact setup, especially if you're within the US and it's the Weeble trading application. It's available both for desktop and for mobile and it's the fifth Link in the description down below. They do have a sign up bonus right now that if you use my link which is the fifth link, you'll earn up to 12 free shares when you deposit five dollars on your initial deposit.

So initial deposit at least five and you'll earn up to 12 free shares. So we got NASDAQ right here. Uh, right behind me. It looks like it's bouncing off of the EMA line on that five minute time frame.

We can see that we've had a lot of consolidation here for QQQ, which QQQ is a one for one NASDAQ ETF meaning that if NASDAQ Market uh is going up, then so is this. If NASDAQ Market is going down, then so is this right? I Do have the live chat right on over here. so um, in about seven minutes, we should be seeing Microsoft and Google uh reporting earnings. I Do have the setup right on over here and it says the release date is July 25th.

We have the EPS which is the earnings per share at two dollars and fifty five cents and the estimated revenue or the forecast uh to be at 55.44 billion dollars. and that's for Microsoft. Microsoft sits at a 2.5 trillion dollar market cap, so just make sure that you're aware of that. And then we've got alphabet which is Google's mother company.

uh, ticker symbol g-o-o-g-l uh earnings per share 1.34 cents Revenue Forecast is 72.82 billion dollars. so we can see where we're at based off of previous quarterly earnings. and then we should be able to see the new one once it's actually added. So that is going to be today July 25th 2023 And that's what we should be experiencing in the next seven minutes of the market.

right? next seven minutes should be quite interesting, right? Ricky Probably changing diapers of what's going on, guys. No. I was just setting up the live stream. So um, you guys should be able to see um, if everything checks off and you see, everything Okay, uh, please make sure you drop a thumbs up and make sure you subscribe to the channel again.

We got Microsoft stocked right now. Looks like we have a nice little pop-off uh, making new highs for the day, trying to continue to form higher highs and higher lows. And then we have Google G-o-o-g-l Looks like it's testing its support here at the moving average and trying to hold before earnings are actually released. Uh, there it goes.

Looks like we're seeing some volatility present itself right before they actually report earnings. Check that out. Look at that. Look at that bounce looks like NASDAQ Surprisingly whoa.

If this thing, look, look at the correlation. This is NASDAQ behind me. This is Microsoft You have to understand the larger the market cap, the more the influence. Look at that.

look at that. you guys see the on my screen versus what's going on behind me. Isn't that pretty wild being able to see that correlation between the two I think it's quite beautiful I Don't know about you guys, but I think it's quite beautiful to be able to see the correlation between that? So all right, here it goes. Looks like Microsoft oh my goodness is pulling on back we are selling off for tracing back down right now on.

QQQ Look at that huge red candle that is on the five minute time frame. Five minute. Let's see what's going on with Google Google is not looking the best. Look at that.

Right before quarterly earning reports, it looks like we are seeing some activity. Love to see it all right. Testing Support: Check that out. All right.

here it goes. Testing Support: What's Microsoft doing testing support as well? Uh, what are the weird arrows on the charts? Uh, that is the super Trend indicator. It's an indicator that I'm still testing out I have a video on it on YouTube but I'm still testing it out. so I'm not 100 sold on the one minute time frame.

It's not very accurate on the five minute I've I've tested it and it's a little bit more accurate. It's not perfect, just like no indicator is perfect. Um, but it's just nice to have something kind of support like this. I Don't like when it gave me a Buy Signal here, but then really, the Buy Signal in my opinion should have been right on over here.

Right where we actually formed higher highs and higher lows on Google broke above that moving average. That would have been nice. This makes sense on the sell signal as long as it continues that same selling pressure. So the next four minutes again, Google and Microsoft should be reporting earnings.

Remember, there are two parts to these quarterly earning reports. This is something that I'd like to share with all of our beginner. Traders If you've never experienced an earning reports experience in earnings report before, there's nothing wrong with taking a step back, staying patient and just watching and observing. right? There's a lot of volatility, and with a lot of volatility comes great responsibility, which means a greater form of risk.

I Just like to disclose that for all of the people that are just getting started, just understand that. If you don't understand what is it you're doing, you're just putting yourself in a really tough spot and really challenging spot. There it goes. Nice little bounce.

Looks like Microsoft is trying to bounce as well. Let's see which way we go. Here it goes. Microsoft Picking right back up Google is not as I would say bullish as Microsoft Microsoft Looking quite nice right before we report earnings.

Uh, but one thing that I want to remind you is that there's normally two parts to these earnings. There's the earnings report. and then there tends to be not always, but there tends to be an earnings call. In my opinion, earning calls are often more important.

This is where the executives give future forecasts on what's to come with that company. So I've seen it many times where companies report positive earnings and they exceed expectation. Yet when they report their earnings call and they give future forecasts, the stock completely sells off or vice versa. They report bad earnings, but they report future good future forecasts.

Then the stock itself does really well in my opinion. and again, we can all have our own opinion. In my opinion, earnings calls are often more important because it gives us a better sense of direction of where the company is going in the future and not just what it did in the past quarter. You let me know what you think down in the comment section: I am not in a position in Microsoft or in Google before the earning reports.

It's not something that I normally do myself, but again, I want to remind you that just because I don't do something, it doesn't mean that you shouldn't either. It's just not a risk that I'm wanting to take. um, and right, just like anything, I'm here to share that with you. but nonetheless, it doesn't mean anything about you.

All right, we all see value in different ways, so let's not over complicate that. All right, All right, we got 20 seconds left. 20 seconds left. There it goes.

Google Dropping four menu loads Microsoft Trying to hold its ground Microsoft is the one with the larger market cap 2.6 trillion. Here it goes: we got eight seconds left. All right. Wish you guys nothing but the best.

Let's watch the market react to these earning reports. Looks like Google is trying to go into the green. Wait a minute. What's going on here? Volatility again? This is there it goes.

Wait, what's going on here? Okay Microsoft Dropping Oh Looking spicy. Not updated yet not updated yet on my site. If you guys get the report itself on your part, feel free to share. It looks like ooh.

Microsoft Selling off Microsoft Selling off? Look at that. Ask you ask you right? Oh foreign? Wow. Two percent in the red. Two point eight percent.

Oh my goodness. Wow Wow Wow. Okay, this could definitely be an overreaction. so let's not get too carried away, right? And there it goes.

Google Earnings are out. Looks like those are positive. 1.55 trillion dollar market cap up. One point.

there it goes. two percent. On the day Holy Smokes, the big boys are out and Microsoft dropped the ball. Check this out.

Look beginning to bounce, beginning to bounce here on the back QQQ on the one minute time frame, but we got Microsoft still hurting. 2.59 Oh my goodness, it's dropping. Let's see. let's see Holy Smokes again.

For all the beginners that are watching this right now, why do you maybe not want to trade during? Look at that. Oh why do you maybe not want to trade during quarterly earning reports? Exhibit A Volatility is so high. Yes, you can get very lucky if you're really good with entries really good with exits yes could be very, very favorable. Or you can really put yourself in a tough position and remember your job is to kind of look out for yourself.

Forget about other people, forget about what the hope and the desire might be. But you have to look out for yourself. and here it goes. It looks like Microsoft is trying to make a comeback.

Look at that. QQQ Back in the green aftermarket hours, it's up 0.28 Let's see if it holds. What do you guys think? This volatility is pretty wild? Oh man. I can't see the chat.

There it goes. Give me a thumbs up on this live stream. If that exceeded your expectation, look at that. Google back in the green up three percent on the day.

Remember we've seen it many times where companies report positive earnings and they Gap up and then they don't hold and then they quickly correct themselves. I'm not here to encourage you to do anything I'm just here to encourage you to look out for yourself, look out for yourself, look out for your future self, whatever the case might be, whatever your intention is I Just want to remind you that again, stick to your plan. whatever that might be. Forget about what I'm doing, forget about what other people are doing, Stick to your plan.

and here it goes: Microsoft Corporation Msft We have the EPS which is the earnings per share coming in higher than expected at two point. Uh, 2.69 for the earnings per share when it had an expectation of 2.55 cents. So A B earnings per share. this is Microsoft Yet Microsoft stock is selling off.

Check this out! Revenue 56.2 billion is what was reported. 55.44 billion was the overall forecast. All right, let's look at um Google Alphabet known as Google's mother company beat both earnings per share at 1.44 cents versus expectation of one dollar and 34 cents. So beating earnings per share and also beating Revenue expectation at 74.6 billion with the expectation of 72.8 billion dollars.

A beat. And it beat yet. Microsoft Still dropping. And guess what? This is even before the quarterly earning, uh, earning call, right? This is before the earnings call that has not happened yet.

Will they hold? Remember, we talk about this in advance so you can do something in advance, right? Don't put yourself in a position in which you cannot tolerate. Look at that. NASDAQ Market is beginning to drop. What do we got going on here? Gonna have some fun with this or what? Turn on extended hours? There it goes.

Wanna have some fun? Just want to have some fun and make some monies. To me, it looks like again good earnings report. yet the stock itself is selling off. It looks too similar to what happened last week with Tesla With American Airlines With Netflix, all of them reported better than expected earnings.

Yep, the stock itself still sold off. so we shall see. All right, there goes four percent on the day on. Google Google is pushing.

Check that out. Surpassing is this 52 week highs for Google Nope, we are at 127.59 after market hours. Previous 52-week highs is 129.04 Important to point that out right. What are we working towards? Well, based off of previous resistance level, that is our previous alt.

Uh, not all-time high. Is it? It's a 52-week high? So 52-week high as of right now. mixed bags so far I Agree Again, there's nothing wrong with staying cash. Staying cash also means you are not taking the risk of being potentially in the red.

There's nothing wrong with that again. I Feel like too many people try to encourage others of where they should put their money or trade trade trade. I Want to encourage you to, you know, stay patient, be selective, and if the criteria is not met, if you think that it's too volatile, too risky I want to respect that about you, right? as it should be. Oh, Ricky you sound like an announcer for the Daytona 500.

Love it. I'm sorry I get excited as you can see I mean this is people love to ask of how I do this every single day. Good days, bad days. it doesn't matter, right? You could see that I mean it's just something that intrigues me I Personally really do enjoy it.

I'm not here to say that I'm the best at what it is that I do. but I try I try to show up consistently and have time after time and that's all I can try to do right? And there it goes. It looks like Microsoft is trying to recover you. see that trying to recover Macd RSI All of that looks fine, but not much of our coverage just yet.

We're still getting rejected here on QQQ All right, appreciate that. Thank you. So Google CFO leaving role to become President Chief Investment officer Any Fomc news? No, that's for tomorrow FMC rate hike So we will be live streaming that at 2 pm eastern time but that is tomorrow. The rate decision that should be tomorrow.

5 on the day Google is ripping and dipping. Check that out. No stop, Can't stop, won't stop. Look at that.

When earnings released earnings have already been released, we just covered them right. Talked about Microsoft earnings beating expectations on both earnings per share and on revenue. And same thing with Alphabet. So where is the top 128.50 Are we going to work towards that? 129.04 for Google That is previous 52-week highs.

What time is the Fomc meeting again? Those questions that you are asking? you can actually figure them out just by Google Searching them guys I Want to remind you in a world full of problems, learn to be a problem solver, but it's at 2 Pm Eastern Time I Do not trade options so no I will not be buying any options. All right. Looks like it's picking right back up. Let's be cautious here.

We got that first. Buy Signal that's on the one minute time frame for QQQ Again, a lot of buying activity. This is all before, so that is at 5 30 today. Pacific EDT Okay, slight rejection here.

Oh, looks like Microsoft is still struggling. We are still chipping away on Google stock itself. will they hold? and you guys let me know in the live chat what you think? Who isn't Google who is in Microsoft What are your thoughts before they each jump onto their earnings call? Uh, so this one is at 5 00 PM So it looks like alphabet is going to be going first and then 30 minutes after it is Microsoft I Don't know if you guys remember the last time that they did this, but should be quite interesting if you go on the four hour time frame uh, sorry, the day chart on the Weeble trading application. you should be able to see previous earning reports and how the market reacted right.

We gapped up. there. looks like we traded sideways here. We gapped it down here.

so this is where we're at this time. a little bit more on the overbought side. Could we continue to Gap up? Well, we Gap right back down. Looks like we're getting really, really close to the 120 904, but it looks like Google is working towards exceeding 52-week highs.

Look at that. we are just a few cents away, less than 10 cents away. Look at that. less than five cents away.

And there it goes. New: 52-week highs have been made 5.66 percent on Google itself. Wow, and that's huge. This Google right? 1.55 trillion dollar market cap this thing moving seven percent I Mean we're talking about billions hundreds.

or is it hundreds of billions? Five percent now. Tens of billions of dollars, but still more money than I got right? I Don't know about you. The more money than I got for sure Snap is bleeding the Snapchat Uh, exposure to other companies not as important 14 How Low Can You Go Snappy Poo looks like it's going pretty low. four hour time frame 15 drop I Mean let's just look at this for giggles.

Okay, so yeah, they released today. Their overall expectation was to lose quarter, right? They lost a little bit less. That's been an expectation and beating expectation. They made 1.07 billion dollars in Revenue expectation was 1.05 but guidance must be off because a 16 drop I mean poor.

Snapchat Oh man, should we short this? How much can I short? No, it's too oversold for me already. but that would have been a lot of fun, right? Look at that. American Airlines Also dropping I closed my short position on this I closed my short position on AMC as well just so you guys could see that right on over here. I Made a nice little one thousand dollars today I Didn't even talk about it just because Again, it's not very much in comparison to the other two days I made eighteen thousand dollars shorting it yesterday.

it was a beautiful trash company. Um, shorting it all the way right back down to zero, right? I Mean it's literally a glorified pump and dump. So it's amazing to see how easy it is. Um, to make money off of those pump and dump schemes that a bunch of these Reddit Traders continue and continue to fall for.

So here it goes: A lot of consolidation for Microsoft Where we go in here with Google Google is not stopping. Look at that. 130 70. Oh my gosh, it surpassed 129 by a lot.

There goes seven percent. It is ripping. This looks incredibly good. Almost too good, right? And it hasn't even reported its earnings call just yet Has it it says EDT which should be Eastern Standard Time Right, And that's what time is it in? New York Yeah, 4 14 p.m so it should be in 45 minutes.

Correct. Correct me if I'm wrong, it should be in 40 minutes. Is that right? Is it right now? Eastern day time? Uh, Dino, you got me on that one. Yeah, it shows.

4 15. 45 minutes? Yep. I can reassure you that Google said something about AI in their earnings. Something about AI Let's see what.

see, still ripping and dipping. Still ripping and dipping again. continually continuously forming higher highs and higher lows. There it goes Google itself at a seven percent gain on the day.

And then we got Microsoft It's kind of showing signs of a support. It's not really forming lower lows or lower highs right now. I Think we're waiting for that earnings call to have better understanding if it's going to continue to sell off or if it's actually going to begin to recover so made. 4K shorting Microsoft Congratulations Amazing! sheesh! Save some money for the rest of us.

Love that! So Microsoft Holding on the one hour. yep, pulled in pretty well. Four hour touched. It quite nicely bounced right off of that moving average.

so we're not forming higher Highs But we're not forming lower lows right now right now. it's kind of just in that consolidation phase. All right, Seven percent. Mark Is this going to be our Peak for Google And this is before the earnings call.

I mean can it hit a 10 gain on the day? Is Google going to lead by example? This would really be very mixed right? because Tesla has sold off Netflix sold off Snapchat sold off Microsoft has sold off. All of them reported better than expected earnings, yet they sold off on their guidance. Call came out right. Wow.

Would like to know how you chose to short. Microsoft I didn't short Microsoft Uh, someone in the live chat did not me shoe. Definitely not me. How are we doing So tomorrow we have meta reporting earnings.

Would you guys like us and let me know in the live chat? would you like us to host that live stream? I Don't even know how many of you are there in here. Okay, there's about 15 1600 of you. Uh, you guys, let me know in the live chat if you guys would like me to do it again if it's not too much to ask I Know it is. but if you could drop a thumbs up.

We greatly appreciate it. And of course make sure that you subscribe to the Channel Watch the drop on this, Watch the drop on Google again and watch the influence that it has to. NASDAQ Why can't I see short on my dashboard? Yeah, um, do you have a cash account? Cash accounts cannot short We explain that in Lpp I Do want to remind you again: I Work with one team and one team only. Not only do you get access to the A to Z video Lesson Library that's designed for absolute beginners, so if you're not a beginner, it's probably not for you.

But if you are a beginner and you want to learn in a structured way and you also want to be able to watch me trade live every day, I Trade live with one group and one group only and that is the Lpp team which is the second link in the description down below. Here it goes: Pulling on back, pulling on back. Let's see it. Okay I'm liking this to buy with a limit order I'm gonna buy another 1500.

Please do Not copy me. Just because I Take a trade does not mean that you should justify just a little position. Right there there it goes. 1744 was my fill.

Uh, can you short on Robinhood You should be able to short on any trading application if it's a real one, right? I Don't know what application you guys use I use Weeble if you want to download Weeble it's the fifth Link in the description down below, they have a free sign up Bonus: You can have more than one trading application for those that are not aware of that. If you think that your trading application is shitty or it's maybe not the best and you want to try something new, you can keep your old one. You can download this one and then test it out right? You'll earn up to 12 free shares if your initial deposit when you use my link is at least five dollars. Meaning that if you deposit five dollars, you will earn up to 12 free shares.

So just a little heads up on that you don't have to use my link. but again, if you do, it's provided for you. and I have a video on showing you how you can set up your account I Just uploaded it over the weekend. Yep, so you know do limit orders execute at the next best price or set limit price the next best price? That is why you will always I share this in Lpp if you know I put my limit order at 17.50 right? I can put my limit order there just so you can see.

but when I get filled I will get filled at the best price based off of current price point. If I put my limit order too low and it's going up and I put my limit order too low then I won't get filled right. But if I put it a little bit above, it's kind of like buying that market price. it will try to fill me at the best price I don't you know not everyone has to do that.

but if I want to get filled and my that's like the urgency uh then I just put it a little bit above wherever the bid in the ass is to ensure that I get filled. I do the same thing when it comes down to selling and the same thing when it comes down to buying. Obviously, if I'm trying to buy it I put the limit order above. If I'm trying to sell then I can put the limit order below right.

but it's a way to be able to get executed in that trade right away. But yes, during extended hours which means pre-market and aftermarket hours, you have to use EXT which is extended hours on the Weeble trading application. If you're part of Lpp, you should be able to go through the course and show you exactly how to do it. Ricky You are a true professional, keeping calm, answering the dumbest questions ever because oh my.

God Ah that's a rough one dude. we're all we're all beginners I Get it sometimes I'm not in the mood, right? I'm human and sometimes you guys get to see it through Me getting very, very frustrated with super beginner questions, but this is the position I Put myself in right? I I Want to try to be a valley for people that are just getting started and we all start knowing nothing? I Just right. We need to encourage them to be problem solvers to try to figure it out on their own and if they still can't then of course to ask away. Hmm.

definitely not a morning I am definitely a morning person. What do you mean? Oh man, of course of course looks like NASDAQ is still trying to pick up right on over here. we got Microsoft picking up a little bit so this is good it's trying to break Above This EMA and if this thing begins to take off, that would be in favor of overall NASDAQ we're at that 6.3 percent. Mark So it's lacking progress.

One of the things that I love to preach, uh to our Lpp members is that if your position is lacking progress, then any open position is a position that's open to risk. So asking yourself, you know, hey, does it still make sense for me to have this open position? What was your intention? What was your plan? If you had no plan then that's your red flag of you know. step one: obviously have a plan. A goal without a plan is a plan to fail, right? And that's in all aspects of life.

Looks like Microsoft is trying to pick up. You're always so congested in the morning. Yeah, and they'll stop picking on me. Yep I know I know I would sell right now but can't trade after hours.

I'm sorry to hear that cannot put stop losses on orders during extended hours. There are stop loss as a market order. so therefore you cannot initiate a market order or a stop loss of any kind during extended hours. Here it goes: we're getting a Buy Signal We're breaking above that super Trend up there.

All right. Have we done 30 minutes yet? Not yet right? I Owe you guys 30 minutes. At least that's how long I like to be here. Um, what's it called Microsoft for those that are coming in a little bit later EPS Revenue Beat expectation EPS revenue for Google beat expectation according to what we're hearing right now.

Um, the CFO is now becoming the President of Google right? So pretty interesting for Microsoft Again, I'm going to be paying attention to their earnings call and try to come up with some notes to pick off so that I can recap this in today's later video. so just to kind of summarize what was said on the earnings call for both Google and Microsoft I will film a video later today and I will make sure that I recap that for all of you for those that are at least subscribed to the channel. So other than that, if there's not any last minute question again, we are lacking progress right now. But the earnings call hasn't happened yet for Google nor for Microsoft So we can see complete changes of direction that Microsoft right now is in the red.

it could be in the green by the time that they start their earnings call. and they say something positive about future forecasts. Right now we're in the green, but this thing can absolutely tank if they say something negative about Google's future forecast. I Mean we're talking about monster of companies, right? So hopefully they have everything in place where they don't absolutely crash.

Uh, but only time will tell. Um, so yeah. I still have my 1500 shares that I bought of Sqq. Um, a total of 3 000 shares.

So until Direction becomes a little bit more clear right if we see a break of pattern in Microsoft actually does begin to make a full recovery, I'll close out that position on Sqq and I'll accept my red trade. But if it begins to go in my favor I'll add more to it and you know as NASDAQ sells off, then I should be able to make money on ask geeky Cube and again, if you're part of Lpp, I will keep you guys up to date in that trade idea section. So I really do appreciate you guys's team. Uh time I Will see you tomorrow at Market Open for our live session Remember if you want to be able to watch me trade live as soon as tomorrow I Work with one team and one team only.

you don't have to join. But if you want to work with me, if you want to be able to watch me trade live, it's the second link in the description down below. It's a one-time payment. it's lifetime access and yes, you will get to be able to watch me trade live every single day.

So again, second link down in the description and it's the biggest sell that we offer. It looks like we're getting rejected here on QQQ Microsoft Beginning to drop and I'm seeing Google beginning to drop so it should be interesting. I'm excited to follow up. Stay patient my friends! I Hope that earned your thumbs up.

Please make sure that you subscribe and remember if you have any questions whatsoever. I'm always one direct message away and that is via Discord or via Instagram Do not hesitate to message me even if you have any questions before you sign up for Lpp. I welcome any questions just to make sure that you feel comfortable joining our team. And again, that is the first or third link in the description down below.

I Appreciate your time and like always, let's make sure that we.