What's going on team. It's ricky with tackling solutions and today. We're're going to be covering the ppi report that gets released in three minutes and're going to see how the market reacts. So we talked about the ppi reports the producer price index uh.

The reason it could be super. Useful to understand um you know if inflation has actually. Peaked is one of the ways that the ppi report is utilized is if we can see that inflation is actually beginning to peak already on the producer side. Then we can kind of expect that in months.

That follow we could see inflation begin to come down on the consumer side right. So if producers are beginning to see a drop in the cost of their manufacturing goods. Then that means that most likely we could see a drop on the consumer side. So something to look forward to again.

This report gets released in about two minutes. And we shall see which way the market ends up reacting so right now skkq is still indicating signs of an uptrend. It's up three percent on um that up and not the day. But uh during the extended hours.

Uh yesterday after that cpi data report. We gapped up about six to seven percent and then we gave it all back uh pretty much by the time. The market closed. So i'm very happy that in yesterday's live stream.

We talked about lock and profits and why it's so important to do that especially in overbought levels. So good morning good morning. How are you guys all doing today. I'm gonna go ahead and post this so all right are you buying puts or what it should be any minute now see how the market reacts.

Okay. So this is s qqq. This goes up on the market goes down. So if we see this thing act on a in a bullish way that means that most likely your tax stocks.

Or the stocks that were long gone are probably dropping so just a little heads up all right any second here. We go. 5. 30.

Let's see which way we had let's see what i could actually not really reacting too much wow. That's okay so nope that's still six 14. Do you guys see it on your side yet good morning good morning. We are not really moving at all which if we're not moving in a negative way.

We're most likely going to be moving in a positive way check this out so we were down about three percent during the pre market session. Let's see if we could actually begin to trade above the moving average all right i do not see it on the us labor of us bureau of labor. Statistics so let's see we have ppi down. 11.

Okay well this was the expectation of 09. So a little bit worse than expected. But it looks like that was already factored into the market especially after yesterday's performance. So.

Wow that was not really the reaction that i personally wanted myself yep. 11 that's what i see right on the over here right actual. 11 expectation was 09. So definitely not as bad as that cpi report that we received yesterday.

Let's see if we see it there it goes new up to. Date so goods. Rise. 24 services.

Increase 04 so. Overall demand. Advances. 11 so we still saw a 11 percent increase in the month of june uh final demand numbers moved to.

113. Percent if i'm not mistaken last. Month we were at 106. Percent uh so that is quite a bit of a jump.

Let's go ahead and download this on the pdf um. But again market is not reacting in a negative way. So i mean we can make we could say that wow this is a lot worse than expected i mean the overall expectation was. 09 as and it reported at 11.

It's not as bad as that cpi data report though so. But we did see a pretty uh you know decent jump for the. Month of june okay here. We go 11 we.

Got. 03. 24 so food with a 01. Energy with a 10 point jump obviously.

Energy again one of the. Biggest contributing factors and. We have a 05. From.

Lots. Of. Good. Services.

048. 081 seasonal. Adjusted at 113. Oh it.

Looks like it was seasonally. Adjusted based off of. Last month at. 109 so i actually thought it was at 106.

But it looks like yeah. It was definitely not as bad as what we expected so doesn't high ppi mean. Companies would have lost profit well yes. It means that the cost of manufacturing on the producer side.

You know that is the rate that is the increase of inflation that we're seeing on the producing side does that normally follow through with consumers of course right. So. This is why they have that set expectation of june being the peak of this as again you need to begin to ask yourself like what is the biggest contributing factor. When it comes down to all of this right month over month.

Which one had the biggest jump. So let's look at this on a horizontal way right because we're looking at for the month of june versus the month of may so for the month of uh june. We could see that one of the biggest jumps that we saw for the overall month of june is the energy sector. I mean.

This is this is something that like we've talked about over and over again. I mean. There's not really another area that's seen such a significant and drastic jump not only on the producing side. But of course on the consumer side.

And this is something that is also not included in the core ppi right the reason again it's not including the core ppi is because the federal reserve knows that they cannot change nor fix the prices of food and energy pretty much right and energy in any form of way so anything with fuel costs if it's natural gas. If it's gasoline at the pump. I mean it doesn't matter how much the federal reserve raises interest rates they understand that that is not something that they could actually influence themselves. So what are your thoughts.

I think because we didn't react in a super negative way based off of yesterday's performance. It wouldn't be much of a surprise. If the market actually does begin to indicate signs of an uptrend but as of right now we are not showing any signs of this i mean we are still trading below the moving average right so i'm instead of like selling myself. The idea of like hey now is the time to trade now is the time to enter one of the things that you want to remind yourself is first off market's been pretty shaky based off of yesterday's performance don't put yourself in a position that you can't tolerate don't waste a day trade.

If you don't have to that's one of the first things that i want to say i'm all about trading. If the opportunity makes sense my job here on youtube. Unlike other people is to encourage you to be selective for your future self just because i trade something does not mean that you should we all tolerate risk in different ways. So i need you to understand that right now just ask yourself a very simple question.

No seeing that we are trading below this channel right this overall descending channel of the moving average. We were making lower lows and lower highs below the ema. We are barely showing signs of a potential reversal and right away you already want to jump on in sure it could pay off. But i think if the past seven months have taught us anything is that being selective is never a bad quality to have especially with current market conditions let me know what you guys think about that so right now we are down 19.

Which is actually what we were down during yesterday's after market hours. Which isn't very bad thank you for the breakdown ricky of course. John i appreciate you taking time out of your thursday. I mean um.

I know i could be sleeping in just like you guys and you if it wasn't for you guys i would not be up right now live streaming this there was there were enough of you that messaged me over instagram. There were so many of you that messaged me via discord and that also commented in yesterday's videos of how much you appreciated the live stream and also just explaining to me like how it's a valley for you to make these simple live streams. So i mean it's 5 30. In the morning.

I normally have to wake up at five um to prepare for this so i appreciate you guys taking time out of your morning. And you know joining me as well so if it's not too much to ask and i get it i know everyone always asks for this if you can drop a thumbs up on this video. And even consider subscribing um. It i would really appreciate i'm not gonna sugarcoat.

It right. So is there any other questions that i could answer for you it just doesn't look like the market's reacting in the way that uh. We thought it would so tuning in from the philippines. I like that what's going on josh you have to send us you have to you have to tag me on instagram.

So i can see what it's like over there in the philippines. I've always wanted to go. Visit. Um also friendly.

Reminder. Um. And i mean this in a very encouraging. Way um.

Because i know that a lot of you that might be watching this are just getting started you might have never messaged me before and i get it that it could be daunting right because of maybe you think that your question is going to be too silly. You think i i don't want you to feel embarrassed. If you have a specific question that you would like to ask me and you've been struggling to figure it out i hope that you know like i want you to know. This is why i'm here i want you to be able to message me via discord and or on instagram so the first link down below is our free discord chat introduce yourself explain to me what your goal is what your question is and how you think i can assist you there that's all i'm not here to tell you what to do i will never tell you what to dock to buy don't ask me those questions.

I will never do that i'm here to assist you in overcoming any challenges that you encounter as you're just getting started that's where i think the most value is right in a world full of problems. Learn to be a problem solver. So again. If you have specific questions that you would like to ask me first link down below is our free trading group chat.

We have over 45 000. Members. And yes. It is for free or feel free to message me on instagram and that's that third link in the description of this video.

If you don't see the links refresh uh this. Video or refresh. This live stream. And you should see all the links down below.

Um let's see from venezuela also friendly reminder. You'll see the third link. I only have one instagram account. I'm verified on instagram finally.

I all the other accounts are fake all of them are fake so if you get any other ricky account that's messaging. You that's following you that's asking to trade for you to send them money those are all fake please report them please know that my only instagram account is verified and it's linked down below. So who publishes the cpi and ppi can they be manipulated. So michael.

It is actually posted by the bureau of labor statistics. I mean sure just like anything it can be manipulated. But it's it is what it is right i'm not here to start any contra controversial or controversy um. I mean.

It is what it is this is what's being reported on a you know monthly basis um. I don't think it's being manipulated right so i would not use that as an excuse. What do you think about carbon at the current price point. That's a good question.

So carvana is a company that's actually based in arizona. Right um. And it's so unfortunate to see that one of the most successful companies during covid based off of its growth and how quickly it was growing you know it was a top used car dealership in the entire united states went from 376 dollars. All the way right now to 20 dollars a share they just continued to lay off people they're just really struggling.

I think they scaled too quick too too soon too quickly and the cheap can get cheaper. That's one thing that you will always hear me say if you're part of my. Learn plan profit group is during our live trading sessions. I always remind people that your job is not to predict the bottom of a stock your job is just to enter when it makes sense so instead of trying to predict the bottom of a stock.

Just like this thing has been selling off for an entire year just set your alerts essential alerts on when this thing begins to actually indicate signs of an uptrend and then follow up with it you don't need to be perfect there's enough upside margin that you can miss out on a small amount your job is to make sense of your job is to make sense of what opportunities are actually worth taking advantage of not just hoping that it does well. I just felt like a spider on my leg. Jesus ah. But good question.

The real account is the one with the blue dot right. It has a blue check mark and again. It's linked in the description of this video to the third link down below. What do you think about alibaba um.

I mean again going through the scrutiny of of what they've experienced through china. Right uh and how it's restricting them. And i mean jack ma. Isn't even the the you know acting ceo anymore.

And then just continue to throw him under the bus because i guess how outspoken he was same thing. It used to be super bullish. Thriving at highs of 3 19. And now it's trading at 109 right so again asking yourself a simple question are you missing out by not being invested.

I would say that it's in the very early stages for a potential recovery. It still has a lot to prove i wouldn't rush into it i would just set alerts and again stay effective during very uncertain. Times your job's not to be scared your job is just to be selective. So that's uh.

I thought ricky had a puppy was saying hello. No i think i think there's like a spider on me or something. Like that is today bullish. Now during the pre market session.

As of right now. The market looks a little bit more on the bearish side right so one one of the useful indicators and you guys can let me know what you think. But i like going on the five minute time frame during the pre market session and i like to ask myself you know if i were to put an arrow at the end of the moving average which is this green line. Which direction would it be pointing not the ema but the moving average the moving average moves a little bit slower for me because it has a length of 200 if i were to put an arrow at the end of this moving average.

Which direction would it be pointing down or up. And that's what gives me a better understanding of that determines the direction as of now right we could easily see that based off of at least the past two days going into the third one. We've definitely been pointing down and although we have little runs. They're short lived and just it continues to sell off direction is so important when it comes down to day trading.

It's everything right if you don't have direction. If momentum is not in your favor. Then again you're adding another layer of risk because now you have to be even more effective with your entries and your exits. As that stock is most likely making lower highs.

And lower lows as well alrighty. So what do you think about apple apple's a stock and again this is just 100. My opinion. I'm not here to convince you so i want to make sure that you're aware of that but apple's a stock that i bought the dip on uh that i i mean it's one of the most valuable companies that's publicly traded um.

I bought a couple of shares even at the low you know 140s right now it's at 145. I think it's a great play for a long term investment. I don't think apple's going anywhere anytime soon. It offers 20 to 25 roi.

I feel like again. It's just the safe play if you can tolerate it it offers imagine being able to make 25 return on a safe play. I think that's it's insane. But i think the reason a lot of people aren't paying attention to it is because crypto used to be able to make 25 in a day right and a lot of people were spoiled with that type of growth.

I view apple to be a consistent and a long term play and something that i choose to oh. I really want to be a part of so i've decided to invest in it and i don't i don't need it to recover anytime. Soon. And that's one of the things that i always try to remind our learn plan profit traders is you know i feel like mindset and intention is huge when it comes down to trading and investing right and if you can determine what your intent is and if you can understand the timeline that it will take to tolerate that recovery that i think you're putting yourself in a better better mental position um.

So you know with with apple. I don't need it to recover anytime soon. And i can tolerate the time that it will take for for apple to recover and my understanding of that is my intention with that is i know that it will take time and i'm okay with that and i still see it to be worth it so yeah going into it i already know that it's going to take time. I don't need it to recover in a week or in a month or even in a couple of months.

I know that it's going to take time and that's okay with me right. I think that's what's most important is anytime that you choose to take a position determine your intention. It's your intention to make money now or is the intention to make money in the future and then ask yourself does it actually make sense that i would make money now or is this doc still actively selling off so do you still continue to buy the dip. So i don't continue to buy the dip.

But yes i do still have amazon and i like being open about this i do still own amazon. I still own tesla. I still own apple. I bought the dip on them.

But i bought it with a specific position size just because i bought the dip. I don't average down into my position that's like something that i've never been big on i think it's because that's how i approach my trading when it comes down to my long term plays i want to buy more when it begins to indicate signs of an uptrend. I wanted to earn it right so if something is making me money that should encourage me to want to invest more money into it that's the way that i view it i bought enough of apple at low prices that i don't care how much lower it goes. I'm only going to buy more of apple when it begins to recover if it makes me money i want to add more money so instead of trying to always buy it at the lowest price point.

I know i'm not perfect. I'm not a perfect investor and i've never been a perfect trader and i understand that of myself my job is just to add more when it makes sense not just because i think it's cheap because why because the cheap can always get cheaper. But again that's just my approach. If you want to continue to average down into something that's on you.

But what i've noticed and you guys can let me know in the live chat room. I've noticed especially on the trading side that if you just choose to buy the dip. I mean stocks can continue to dip and then at that point now you're fully invested at one point or another and the second part is now because you have so much money in this stock now the timeline. And what you're able to tolerate is so much less because now you need it to recover.

Now you want it to recover soon because you're all in i feel like that is that causes more harm than good when averaging down so uh. Yeah. That's that's really just it. What the heck dude.

Some people and their comments. Absolutely baffle. Me that is insane so when you average down. You'll notice that you're averaging down a week later uh with the trend.

That's yeah i feel like it just instills hope in you right and hope is not a good thing to have in this market character comment on the amount of crack hunter riding smokes. I feel like that's a show we've all been watching from afar do you own any crypto. I do i'm not very aggressively invested in crypto uh. I don't always like making videos about crypto because um i view it to be a much riskier form of potential investments right and i don't always like to anytime ah my battery just got cut off for my camera one second all right there we go sorry about that looks like my camera already overheated um twitter is down whoa.

What's going but on not down that much are you saying oh it's just one person saying that one man spamming nice. I need a water cooled camera same all right all right um so let me just let me double check this i'm saying that the twitter app is down nope. It's working for me that looks fine uh. So do you bullish uh for banks value stocks would be in favor uh.

I'm personally not invested in any banks. But that's just my decision if that's something that you want to partake in then you know i'll power to you yeah. Twitter's fine twitter's not done so hi. Ricky from malaysia.

What's going on ar. What's up. What's up ah twitter's down for me. Nice um.

No not necessarily. So um. Higher. Ppi means bad for stocks good for dollar.

So i mean. The the market barely even reacted to that ppi report. So that's kind of upsetting. But one of the things that i know one of the big focuses that a lot of people have had uh for the ppi report is at the rate in which it is either increasing or decreasing.

And it hasn't been too significant where if we begin to see a slowdown at the rate that it's increasing then again. We're seeing a kind of peak for producers and their inflation that they're experiencing at the manufacturing side of things so that's encouraging for the you know consumer side of things of what's to follow so so are you bullish yep. So i either stay bullish and or i stay cash. So one of the things that if you look at my video.

That i uploaded on friday is we talked about the resistance level right at the moving average right. We've been getting rejected for that from that moving average all year long and as soon as it got rejected. I mean market overall sold off and we decided to reduce our position size. There now that the market sold off a little bit the market reacted to the cpi data report.

You know this is this is where i like to personally buy a couple of shares and then as we retest and or indicate signs of an uptrend um. You know that's where you see me averaging up one of the things that we need to pay attention to is you know we've been kind of trading sideways for about two to three. Weeks we have not made new lows as previous loads is are. 2132 so right now we're trading at 2454.

We closed at 25 yesterday and we have that resistance right around 28 a share so still trading sideways and again just because i choose to go long does not mean that you should. But i see that the market's finally beginning to establish somewhat of their support level. And this is what i personally you know have been waiting for where the market is not getting worse by the market not getting worse. The market normally reacts in a positive way.

So do you normally enter a position uh pre market on a day trade no not normally. But yeah i i enter a trade any time when i see my criteria to be met if i see direction in my favor. If i see that momentum is in place. And if i see upside potential then i choose to take action it doesn't matter if it's pre market.

It doesn't matter if it's normal market hours. It doesn't matter if it's after market. The idea is to take advantage of an opportunity when your criteria is met right let's say that you're a real estate agent. You know if they're a real estate investor.

If they ask you hey when do you buy most of your houses is it on a monday is it on a weekday is it on a weekend. It's like well anytime. A deal presents itself that's my criteria the time i choose to do it is irrelevant. It's insignificant yeah sometimes there's more activity right at market open within the first 30 minutes or right the last hour of market closed.

You know there's those general things. But it doesn't always work out that way so instead of trying to generalize something let's just understand what it actually is and our focus is to trade. When our criteria is met and we all have different most likely criteria. So let's go right get my man's always well spoken.

I appreciate that so hey ricky. I joined your lpp group um yeah. I have it i mean i still have my the 5500 shares and then i bought a thousand shares yesterday as the market began to indicate signs of an uptrend we began to trade above 25 a share so that's something that we'll talk about in today's live trading session with the learn plan profit group. So first off trent welcome to the team um yeah.

Something that we'll talk about in today's live live session. I'm going to close this one out because we're already nearly at that 45 minute mark um. But yeah. It's something that we'll talk a little bit more about of like it's been a question.

I've been getting quite often of when to average up you know when do we step on the yes. When's the market actually indicating signs of an uptrend so uh we'll we'll chat about that in just a little bit. So i have one minute left. Here again.

Overall the ppi report came in at an increase of. 11. Percent and this means that. Overall we're at 113.

Percent. Uh for the month of june uh. So that's that ppi report again. If you guys have any questions.

I cannot stress this enough i don't care if you think that your question is stupid. I don't want you to feel embarrassed. If you don't want to ask me publicly during this live chat. Then send me a direct message via discord and that's that first link down below.

I want to be a valley for you. But the only way i could be of value for you is if you reach out to me right i can't answer your question. If i don't know that your question exists so again. That's that first link down below.

If you guys want to be able to join my live session as soon as today. We're going to be going live in about 30 minutes the second link down below is the 100 off discount code for learn plan profit 20. Friendly reminder lpp is a one time payment is literally the only thing i offer you get lifetime access to the a2z video. Lesson library and all the updates.

We just updated actually the beginning of this month. Uh daily live training sessions. What we're about to do right at market open um. Our private group chat.

And yes you get access to the hq. It's all inclusive. It's a one time payment. It's a lifetime access and again it's asking the question.

It's what do you value. What do you think is of value do you think having me trade live every morning being able to assist you and then being able to update. You as the markets. Always change and then being able to visit the hq with all these different value pieces.

Is this something that you value and you could only answer that question yourself right if you're just getting started. This is something that would be a value for you and if so again we're running one of our biggest sales to 100 off and that's that second link down below. Also if you guys haven't already we're doing an all expenses. Paid staycation and we're selected three winners.

Shop. Techbudscom. You don't have to do anything crazy for every one dollar. You spend it equals five automatic entries.

We just did a full restock on mouse pads. So for a mousepad. Let's say this would be about 150 entries towards our staycation. Giveaway and you enter automatically again that's that fourth link down below.

I really do appreciate you guys time if you guys have any questions you guys know how to reach out to me. And again. All the information should be down in the description. Um.

Thank. You guys again. I. Hope that i.

Earned your thumbs up. Please. Consider. Subscribing.

And like always let's make sure that we in the year on a green now take it easy team.