Test one two three what's going on guys. It's ricky with tacloban solutions. Solutions. Hope that you guys are all having a good afternoon.

It's 101. We google and microsoft reporting earnings today. Let's go ahead and pull this up looks like there's still a split of a move looks like microsoft is going into the green. We have google oh wait wait nope break even so far here we go all right.

We have sqtq dropping. I reduced. My position size from 12 000. Shares.

Over 12 000. Shares down to 5 000. Shares. So.

I'm very happy that i did that um not because i knew that oh you know they have to be in the in the green actually they're beginning to drop look at that microsoft already one percent in the red. So because of this. I'm actually going to buy by 500 shares here. I just have to include extended.

Hours one second. Here we go where are we. At 4973. Oh.

It's picking. Up it. Goes. Adding 500.

Shares microsoft two. Points what is that 25. In the red. All right google jumping just kind of hard to manage with all these different there goes two point two point four percent here it goes google.

One point nine percent in the green google with a positive earnings two point six three percent look at that thing jump. There goes stq dropping check that out google four percent in the green. We are pushing so again for those that are just tuning on in google and microsoft are reporting earnings today. I'm gonna buy have to include extended hours again friendly reminder.

I'm going to buy another 500 shares right now it's trading at i'm going to keep it at. 50 just in. Case i do get filled 4950. Keep my limit order out there there it goes got filled with that controlled limit by love to see it here it goes that's qqq in the green.

I'm going to increase the way that i'm adding to my position right now so instead of 500 shares at a time. I'm going to be stepping on the gas. A little bit more again this is my decision please do not copy there it goes. So.

I'm i'm glad that i. At least. Here it. Goes got filled.

At 4964. Already. Jumping. At.

4984. 4980. One of my favorite. Things to do is again this this just comes with time.

But when i reduce my position size enough that i want it to pull back i don't know if you guys ever feel that way. I know i never feel that way if i'm too heavily invested in a position. But when you're light enough in a position. You almost want it to pull back because you know you have the cash available to be able to buy the dip and make the most of it i think that's what i enjoy most about not being afraid to lock in profits.

Not being afraid during uncertain times to reduce my position size so there goes hitting 35 000. On the day only with the seven not only but seven thousand. Shares um see which way we. Go so 4969 we have google.

Up. 33. 35 in the green microsoft. Down 27.

Let's give this a little bit more time to identify its true direction. How are you guys all doing. What's up what's up so google q2 is out refresh yep where are we at do uh. I can pin your guys message if you guys see it um.

I know that they have their guidance call later today um. Do any of you guys. See the earnings being reported. Let me go ahead and try to see if i can pull it up.

If you guys have their earnings that are out um feel free to comment. It and i'd be happy to pin your message all right so we have expectation at 698. Billion we have 129 eps. Which is the earnings per share.

I'm gonna do another thousand here all right so i got filled there as you guys can see here 4948. We're testing our support level here for sqtq let's see if we hold around that general area or if we actually end up making. Some lower lows. This is good though with my with um for google.

At least for google coming out four percent in the green. Do you have it is it popping up is it here it goes. We got elton appreciate that let me go ahead and pop this thing. Up.

So. Revenues. 6969. Estimated.

70. Let's see there it goes. We're going to go ahead and bend it up in it here it goes dropping still pulling back google still indicating signs of an uptrend microsoft still down 12 percent. But it looks like it's trying to make its recovery right now.

It's actually looking pretty strong all right there it goes looks like google might be forming its peak here you see that showing signs of a resistance let's see if that momentum begins to slow down for google this is remy's. World we're just living in it of course 8129. Give me one quick second guys it looks like we're beginning to peak on i'm gonna go back with a limit order here 500 so we are testing 49. A share there it goes 4912 got filled with 500 shares on scpq beginning to drop on google.

That's a good sign for my short um again one of the things that you guys have to understand. Is that sq is an inverse their nasdaq etf so in very simple words it goes up. When the market goes down and vice versa right so if i see that google is beginning to peak and beginning to potentially pull on back then that should relieve some pressure on sdtq and then we can begin to see signs of a recovery. So this is why we did so well.

Today. Because the nasdaq market was dropping going up right. So. This is where the thirty thousand dollars comes in so the uh.

Google's guidance. That's something that will be shared in its earnings call so earnings call is today at 5 00 pm. Eastern time so that's still in a couple of hours and there it goes still pulling on back for. Sq google with a second.

Rally look at that 10979. Just made new highs up four percent. Almost five percent on the day. It's pretty significant all right here.

It goes google beginning to pull back a little bit right back at four percent flat. See if we could break that microsoft getting a flat line here. Slight resistance at maybe the ema and or the moving average. There it goes beginning to show signs of a support bros eating.

I am i just got some mexican candy. I don't know if you guys like spicy mexican candy but sour patch kids with chamoy and i don't know it's i know it's not tahin. But it's some chili powder. I don't know i like not seeing candy uh ricky.

Why do you want uh google stock to crash. I don't want it to crash. Um. I'm what's it called taking a position that goes against the nasdaq market on the day.

I'm not going to be holding these shares for a long period of time all right let's see. Which way. We go. 37 for uh google 13.

In the red for microsoft. We should begin to show some recovery signs for us geekyq. But if it still continues to slow down. I'll just exit my stpq position.

But very very glad i reduced my position size right when earnings were reported um. I ended up reducing my position size. I went from 12 000. Shares down to 5 000.

Shares. So that was light enough for me to be able to you know not be afraid that if something does pull back kind of like this right worst case scenario. I don't have to worry about giving back all the profits that i made today or all of the gains that i made today that's a better way to put it there it goes beginning to show signs of a support. Yes i almost.

Forgot uh. Chipotle also reports earnings today check that out 67. Wow. Significant push on chipotle.

It's a good reason to maybe go visit them today just kidding. Just kidding. There it goes approaching previous resistance levels at around 1400 so congrats to everyone that was in cmg. Which is uh chipotle.

We have google beginning to pull on back all right. We're still testing to see if we actually begin to show signs of a recovery hit that like button will i appreciate that oh yeah. Let's go ahead and follow up with um visa visa up to two percent not bad right visa up two percent cmg up six point seven percent. There goes almost seven percent on the day it looks like cmg has pretty low volume.

We have microsoft down point nine percent google up three percent and dropping you guys see that look at that google beginning to drop that should be a good sign for my sqq position guidance. It's where it's at 100 and i appreciate you reminding me about that um one of the things that we did really well last week is again it um. It's not that it doesn't matter. But sometimes it's almost more important to pay attention and wait for the company to actually report or release their guidance.

This is where they pretty much not just talk about their previous quarter. But what they're going to be working towards and their areas of opportunity for their up and coming quarters. This is where a lot of companies can talk about expansions you know what what they're doing to reinvest into their business and or the opposite. They're going to be laying off people and maybe spending less money right apple released some form of guidance last week.

Where it announced that it's going to slow down at the rate that it's hiring. People and also cut back on spending that within itself caused apple to sell off about five percent. You have to think about it apple is not just a million nor a billion dollar. Company they're a trillion dollar.

Company they were trading at 23. Trillion. So losing 5 percent. You can imagine.

It's pretty significant to move a stock like apple um so please make sure that for microsoft visa cmg google as they report earnings regardless if it's positive or negative that you also give it time to release their guidance for the up and coming quarters. Uh and how it actually ends up um. You know what their plan for execution is guidance is 100. Uh.

More important now yeah especially with the uncertainty right especially with the uncertainty of the overall market. The idea of a recession. Raising interest rates. I mean if you guys really want to talk about it one thing that my buddy here justin and i were talking about is you know earnings are super.

Important right especially with these big tech stocks today. Was google. And microsoft the biggest of the two tomorrow is meta. Thursday is apple and amazon.

But let's not forget about the. Uh you know the fed meeting tomorrow tomorrow at 2 pm. Eastern time there's going to be a fed meeting to raise interest rates. We talked about this in our live trading session.

Today right uh there tends to be about a 5 to ten percent move on tqqq. Almost every single time that there is a fed meeting that means that the actual nasdaq index moves around three to four percent within the that one day because of these fed meetings and and uh. What they end up you know talking about and how they're going to be raising interest rates. So visa just dropped back down did it really let's see it's pulling back a little bit yeah so it's losing some of its volume losing some of its.

Hype cmg is still getting pumped up look at that. 1425 a share 1425 up 79. On the day can i see a show of hands. Who is invested in chipotle.

Who's invested in chipotle. Who just likes to eat chipotle. Me no just not me. Yeah.

My dad joke pretty bad. Yeah. Sorry. If you laughed at that well you're welcome not me that left your boy.

I'm short cmg well that's not a good sign it's up 79. Percent. That i have ten shares three. It's an expensive company right uh to own one that comes down to the price per share.

I put 250k before market closed flame boy congrats on your cmg position that's a pretty hefty position had a couple of calls on chipotle congrats on your trade. Here goes microsoft in the red once again google beginning to drop once again sqq showing signs of a potential recovery. Let's see if we actually i mean. It's really slow with its momentum.

So i wouldn't be surprised. If it gets rejected right away. I think it's going to reduce my position size and let the market do its thing especially leading up to earnings. What do you guys think we should probably play it safe especially with the federal uh.

The fed meeting tomorrow. How do we put our hands up for you very very true with the like button just hit the like button. That's how you put your hands up for me there it goes google dropping below the ema line. You guys see this so on the technical side that's not a good sign for google right.

But again they haven't even released their guidance. So please understand that here it goes it looks like sqk beginning to show somewhat signs of a recovery uh up 30 000. On the day position size is now at 9 000. So just to make sure that you guys are aware.

Yes it never hurts to take profits microsoft missed yep g up 82 percent on the day. I told you to short oh short microsoft pascal. I was like i am kind i'm shorting. I'm shorting the nasdaq market i closed my position at 1400 made fifteen thousand dollars approximately nice i have 20k long on cmg.

I like that jeremy congrats obviously it's it's a long term play right so one of the things that we talked about all the time is like it's really cool to see stocks move up or down. During earnings. But if your intention is to hold for a long period of time then yeah at the end of the day. It probably doesn't matter too much on how you know it's influenced during earnings right um.

As it tends to be more of a short term. Um. Catalyst. That doesn't really hold at those levels.

All the time especially. With what's to come tomorrow right cmg used to trade at nearly two thousand dollars a share. I think out of all companies especially companies that have recently done stock splits. I feel like cmg should definitely consider doing it stocks.

But look at that that's an expensive price per share. Um what's the roi. Potential i. Mean it's already trading at 1423.

Right so it just doesn't reflect here right now about 14 23. We have based off previous highs. 37. I personally love chipotle.

I'm very i'm very opinionated um or i'm saying. I'm sorry i'm very biased about chipotle. I obviously i mean i literally eat there all the time um. It's one of my favorite places to eat i feel like it's just like uh you can never go wrong with it um.

I guess well i get in my eyes. You can't i'm sure a lot of people might disagree. But hey to each their own right 500 more shares going into sqq shoot you scared. Me are you invested in chipotle.

I am not but definitely considering it at these oversold levels. So all credits to you ricky. I've learned uh from you thanks so much well yeah you're the one initiating. The trades.

If you made money that's definitely all on you. But i appreciate you taking time and hanging out with us here. So i really i really do appreciate that there it goes still indicating signs of an uptrend love chipotle especially after the gym. Zach you're right on the money.

With that so i always get a board. And two tortillas free burrito giovanni. That's my kind of guy love it oh that's too good you hear him he gets a bowl. And he gets two tortillas and then he's like it's like a free burrito right.

It's not bad especially you can ask for double rice double beans. If you really think about it. There's no additional charge for that yeah so did you see the price and earnings ratio for cmgh crazy high. I did not no i haven't been able to look at that right now so are you shorting qqq.

I'm in sqq so it's the bare etf so somewhat. But i'm not actually short uh pe ratio for cmg is 52 ba earnings tomorrow. Yeah boeing i'm more concerned about meta and how it's going to how much money. It's blown through uh with its metaverse.

What do you guys think are you gonna see a miss for for facebook. Especially with snapchat already not releasing the best earnings and really poor you know i guess i was gonna say really poor guidance. But it didn't even give us the benefit of the doubt with its guidance snapchat refused to share any guidance for up and coming quarters. Which i think actually did it more harm than good based off of the last time i looked at snapchat yeah.

It's trading under 10. A share snapchat used to trade at nearly 90 dollars a share think about that what's going on duval. How's it going good to see you i appreciate that thank you for stopping on in so. What do you think about apple.

I think that apple's going to be one of the biggest contributors after the earnings report after the the fed meeting tomorrow. My main focus. I wanted to see how today played out. Honestly based off of google's um reaction and microsoft's reaction.

I'm still not sold on the idea that you know amazon and apple or facebook are set up for a good earnings at all there's not anything that's blowing me out of the water when it comes down to that um. So really depending on the fed meeting tomorrow will determine if i go in more aggressive with my sqq position or if i begin to lighten up at the end of the day um. I'm really just trying to hedge my long positions right now. I'm still um.

Long on tesla. I'm still long on amazon. I'm still long on apple um. I just i just decided to reduce my position size a little bit leading up to these earnings reports.

I thought that the market was going to pull on back so i just wanted to make sure that i put myself in a position that i can tolerate those pullbacks. You know just just looking out for myself um based off of worst case scenario. Some of you guys might be like why would i ever do that or or you know why would you consider reducing position size. I just i wanted to think about worst case scenario especially with the past seven months and how it's been performing just wanted to play it safe all right what time is the fed meeting.

Tomorrow the fomc media meeting is at 2 pm. I think you guys all have me covered right. But i'm pretty sure it's safe to say that you guys will get this video to over a thousand likes right we have 1700 of you in this live stream. We only have 300 likes i thought you guys would have my back.

I would love to live stream. The fomc meeting tomorrow when jerome powell uh. The head chairman of the federal reserve sets interest rates uh or is going to announce the interest rate hike tomorrow at 2 pm. Eastern time i'm pretty sure you guys have me covered with the thousand likes let me see where we're at now.

Let's see what it's looking like let's see let's see if the boys got me what are we at 494. We have 1700 of you and there's only can't believe it there it goes where are we at now all right. I thought i thought you guys would have wanted me to host. It all right well i'll leave it up to you guys i know i'm i'm pretty certain that um.

We'll get the 1000. Likes oh yeah. Let's see 756 likes is what i see on my side not bad not bad come on almost at 700. I like it all right all right we're beginning to trade sideways on skt cube.

So i'm going to get ready to uh to sell my position it looks like we're trying to curl back over it looks like google do you guys agree with me google is beginning to give back most of the gains that it's made uh google. At one point was up over four percent in the green and is now testing support level here at the ema line. If we break below this ema line. We can potentially retrace back to this moving average.

When it comes down to microsoft microsoft is already in the red and it looks like it's again experiencing that resistance level right around that moving average as well. It will be having its earnings call at 5 00. Pm eastern time so wherever. It is that you are 5 pm eastern time that's when they're going to be hosting their guidance.

Call. And that's probably going to be the second wind of when we see either the market go bullish and or bearish. So i'll make sure that if you're part of any of our discord groups. I'll keep you guys up to date.

If you're part of learn plan profit. If you're part of tecla solutions. I'll post an announcement just to make sure that you guys are aware when the market is moving friendly reminder. I know everyone says this but again i i can only answer the questions that you guys actually sent to me if you ever have any questions that you want to ask me and you can't find your answer on google you guys can refresh this video and the first link in the description is our free discord group you can direct message me at any time.

If your questions are you know what platform. I use what indicators. I use how can you get started for free whatever. The case might be again if you even just want to connect with like minded traders.

We have over 45 000. Members. It's a free trading group chat and again. It's the best way for me to be able to answer any of your trading questions that you can't find the answer to on google uh and again that's that first link down below um.

Other than that it looks like again market's just beginning to slow down. We have sq still showing signs of that resistance level right around that moving average. So i don't want to take too much of your guys's time um. I hope that i earned your thumbs up in this video friendly reminder.

I do trade live every morning. Exclusively with our learn plan profit group so you can either message me on discord if you want a huge discount um or um. I'll go ahead and i'll wait till the end of the video. And you can actually uh see it on the top 10 post or you can message me on instagram and i'll send you a custom discount.

Uh if you want to join our learn plan profit 20. Which gives you access to our live trading session. So i really do appreciate you guys time. Hope that we.

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And like always let's make.