Foreign. Just Us123. Test Test one two three what's going on? Team: It's Ricky with Uh Tech with Solutions Videos are all having a great day. Today is the PPI data report and in less than one minute the Market's going to react to the inflation report on the producing set of things.

Uh I will be breaking down the report depending if it goes up or down or higher or lower than expected markets. Current expectation is to see an increase for the month of January of 0.4 percent. We shall see what is actually reported. One thing that we always say is reduce your position size or sell it completely if you cannot tolerate worst case scenario.

but again this is going to happen in less than one minute. So make sure that you guys are away, make sure that you guys are aware. All right. All right there we go and negative reaction, negative reaction, negative reaction.

Wow See what it came in at 6.2 Let's see if this is it. Increased 0.7 Holy Smokes saw an increase of 0.7 Not just whoa, Not good. That is not a good reporting. So uh, we'll break it down in just a little bit for those that are a little bit newer to these inflation reports, but Market expectation was to see an increase of point four percent in the month of January And with what was just reported, we can see right on over here that the producer Price index or final Demand increased 0.7 in the month of January.

So let's go ahead and refresh this. Let's see if it updated. There it goes. Saw an increase of 0.7 percent? Um, not good.

I I Want to know where this puts the overall PPI inflation rate because that that might be a determining factor of where it leaves us at right? We're previously at 6.2 percent. Okay, so uh, it's now at six percent instead of 6.2 So overall inflation, uh, on the producing side of things is still down in the past 12 months. but instead of the expectation of what was already factored in which was a point I'm sorry. the point, uh, four percent of an increase.

That was the Market's expectation right? We can see that this was the forecast seeing an increase of 0.4 but what was actually reported was 0.7 Um, yeah, I mean it's not good use by any means. Not good news at all. See if that sell and pressure continues, we're reaching those oversold levels right now. Here it goes.

Here it goes: Okay, I Just am not sold on the idea that this thing is going to continue to sell off because Market is just extremely bullish, right? I Think that it's going to take a fight? Um I I Believe that the market will eventually sell off I've said this for the for the past, you know I think past week and a half, especially with our most recent CPI data report. Um, but although right, I believe that the market will eventually sell off because of how overbought we are. There's been no progress, right? We've been rejected here ever since. What is this? February 2nd we have not made new highs since February 2nd We've been consolidating here, but we are so incredibly bullish with the refusal of breaking below the moving average and making lower lows.

So regardless of what I think regardless of my opinion at the end of the day, it's simply just an opinion. I Think that the market has a reason to sell off and it's because of this inflation data coming in hotter than expected. And that's two times in a row already. not just with the CPI but now the PPI This is telling us that inflation is going up quicker than expected.

It's not rocket science, right? but the market just isn't factoring this thing in I Mean, it factors it in a little bit and then it wouldn't surprise me, just like we saw last time, that the market just recovers right away and we can have an agree to disagree of what we believe that the market should do at the end of the day. it does not actually matter about me and you bickering back and forth. The one thing that matters is Market Direction right? And that's one thing that I've always encouraged our Lpp members to have is to encourage you to yes, have your opinions. Yes, try to understand the market on the why it's moving the way that it is or why it should move a specific way But at the end of the day, the thing that is always most important Beyond Any indicator Beyond Any opinion Beyond Any report is simply Market Direction So when economic data comes out, my technicals are thrown in the trash.

Well, that's yeah. There's a fundamental reason on why the Market's reacting the way that it is right. it's kind of like news right when it comes out. It doesn't matter if we're you know, setting up for a double bottom, it could break right below that support.

So yeah, Initial claims Ah that's the other one, right? I did forget about that. so I talked about it yesterday. Uh, we see initial claims. Uh, which is the Uh job reporting so we can see that.

So continuing claims went up. The prior was 1680, this one's 1696 and then the expectation was 203 000 people filing for unemployment for the first time, but it was only a hundred and ninety four thousand. Still relatively pretty close. It's much closer than um, you know our previous reporting for the payrolls, right? That was nearly double housing staff, building permits PPI Core PPI Okay, so I mean everything necessarily came in pretty much worse than what was expected.

Again, I Think that this is just another reason that supports why the market should sell off. But please. One of the things that we always talk about is don't be afraid to lock in profits if you're in the green. and Market Direction begins to change, right? So if you're an eskiki Q You guys know that I want you to make every dollar that you've earned.

All I'm saying is if you begin to see a quick change of Direction Please hold yourself accountable and lock in your profits, right. Keep those profits I want you to keep them. Um, when we do see that breakup pattern okay, um, until then, enjoy it. Embrace it.

We're up three percent during that pre-market session. Um, yeah, what's the green? I don't know her. Thanks of course. yeah.

I Just want to look out for our beginner Traders I I Want to make sure that sometimes people think of like Ricky Why are you always encouraging beginners to lock in profits? Like at the end of the day, beginners should be focusing on learning how to trade. And imagine as you're learning how to do anything right, imagine getting paid to learn. It's like The Best of Both Worlds But the main focus should not be to be learning. I mean uh, to be making money.

The main focus should be to be learning. Uh, all right, and again, just because I buy it does not mean that you need to buy. So please make sure that you understand that right. Turning on extended hours.

Here we go. So what's the conclusion of the report? Yeah, well. um I Thought we talked about it already, but um, inflation increased 0.7 in the month of January. The expectation was 0.4 percent.

So we actually saw a larger increase in the month of January than what was expected. But because of how they calculate the PPI data report, we went from a 6.2 percent inflation rate to a six percent inflation rate. So inflation still went down in the adjust in the adjusted past six months, right? So we can see the point. Six, uh, the six percent.

here. We were previously at 6.2 percent. So overall PPI did go down. but that's just because they dropped the previous month and then they added the new one right? It's based off of their calculation.

Um, when you go down the list again of um, all the items that are under the PPI report of what's on increase and what saw a decrease I mean it shows that there is only one item that saw a decrease in the month of January Everything else saw a pretty significant increase. The biggest one that saw an increase was energy. And if energy saw an increase in the month of January I'm sorry, No, yeah, overall uh, it was energy. Um, so what this tells us is that we're going to want to pay attention right? because this is pretty much like a forecast for us.

Uh, it's pretty much forecasting for us to pay attention to that energy sector because if energy is seen an increase in in inflation on the on the producing set of things than we can expect in the next couple of months for that to get passed down to the consumer side of things. Okay, does that make sense? Makes a good argument for a 0.5 basis points. I Completely agree I I Have seen people jump on uh, different news outlets and talk about that? No. I mean the Federal Reserve you know should still only raise interest rates 0.25 Um I I Don't get how they're coming up with that conclusion.

if because remember I mean this is just you and I talking. but um I don't understand. You know the Federal Reserve said they would be less aggressive with their 0.25 interest rate hikes as long as inflation data comes in as expected. But for the month of January and what was reported, you know in February for the month of January it shows that inflation data is hotter than expected and Jerome Powell said in his discussion last week that hey, if inflation data continues to come in hotter than expected, then they will have to be more aggressive than what was expected.

And to me it's when I heard that. just like the analogy that I gave you guys, Um, I I saw that to be an alley-oop right? He's just setting himself up to raise interest rates more because of what he knew most likely would happen and that inflation not going down month over month. And I think that's what we're bound to see. I think in the month of February Um, when it gets reported in March and then so on and so forth.

we're going to begin to see Choppy CPI data reports. So love the video. Hope that you can go live more often, of course. I Go Live every morning with our Lpp team and again, this is I I Understand that if you're not in a position to join our Lpp team, you know I completely respect that I will try to go live for free when I can.

Um, but if you're someone that's just getting started and you want to experience this every day I Literally Go live every day and they get to see my entries. They get to see my exits. my good trades, my bad trades. They hear my thought processes.

um, you know I answer questions in real time I Do this every day for about 30 minutes to an hour with our learn plan profit team. For those that are interested in joining, it's the second link down below and you get access to our A2Z video Lesson Library our daily live trading sessions, our private group chat, and access to our Tech buds. HQ It's all included. It's a one-time payment.

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All right. Okay, so I'm actually I'm genuinely surprised NASDAQ is still holding this low for this long? I Mean it's down one percent. Um, I Don't know if it's just me that surprised, but I just thought the Bulls would have come out already. It's kind of encouraging, right that it is holding down I Mean it makes sense that it's holding down here, but based off of how bullish it's been for the past month and a half.

Literally, a month and a half a month and 10 days, right? Because it's January 6th I Believe right? Yep, January 6th. You can see the date down here January 6 A nice little uptrend. All right. It's crazy that the market isn't crashing a little I would say even correcting itself back down to the moving average, right? Uh, on the day chart.

I wouldn't expect a crash I would expect a correction right, pulling on back, directing itself to the moving average on the four hour time frame. Anything that shows that. Okay, you know we have rallied for a while. Let's correct ourselves and then continue to Rally Uh.

But the unfortunate part about this is that the longer that it prolongs a pullback, the harder and quicker it will drop. And we've We've been saying this time and time again to all of our learn Plan Profit team because we know that it happens when it happens like this. It will happen in a moment's notice and everyone gets all excited. Everyone gets super happy when the Market's going up.

They don't think about locking in profits, they don't think about reducing their position size and then guess what Market changes Direction Then they give back everything that they made and then they call the market rigged. Oh no, Market's rigged right? Why did it sell off? It's like, come on guys, it's not rocket science. If you look at the password four hours the four hour time frame, you can see that ever since. February 2nd, right? February 2nd, we have not made progress.

We've peaked at February 2nd. we've been consolidating. If anything, we're making lower highs and lower lows. So if nothing is making progress, why do you still have an open position on something that is showing no continuous progress? That's the basic rule that we have within our RPP team.

Any open position is a position that's open to risk. Yet, if there is no progress, why must you continue to hold the position and hope for this progress? Foreign. It just doesn't make sense, right? But there is no break of pattern just yet. right? It's still holding above the moving average and this is the only reason I respect why people are still holding.

But I Know that when we break below that moving average and we break that seal, right? we're gonna flush a lot of those bag holders down because their inability to lock in profits. They don't know how to reduce their position size and it's a tough pill. It's a tough lesson to swallow, right? But it will happen. And it happens every single time, right? So all I can ever do is make you aware based off of my experience.

not because oh no, I I need you to sell or anything like that, right? But I can make just as much money going long that I can going short, so it's indifferent to me, right? But yeah, I'm in Sqq. but I'm pumped I'm excited we're at that. Nearly four percent. Mark Right now we're looking good, feeling good? Okay, so I'm shorting Tqq.

Okay, I don't know why you would short Tiki you wouldn't have to incur short interest if you just were an Sqvq. But to each Throne there it goes. 34 98 Breaking the support here on QQQ so broke below 305. let's see what's the next.

significant support. Okay, we are testing our previous support so this is where again I don't want to get too confident I Don't want my ego I Don't want your ego to over complicate things anytime that you are trading something that is our job to respect the other side. It's just it is. It is what is needed, right? Because if you think that you're you know Invincible If you think that you're right is the only way or the highway, you know this.

Market will humble you right? This This the stock market is a bad place to learn that you have an ego problem. Um, all I'm saying is looking at NASDAQ We can see that 304.50 is a previous support range, so anything around 304 is considered to be a potential support Zone And if that's a potential support Zone then that means that we're approaching a potential resistance Zone for Sqq. So this is just your reminder that we are approaching that. It's not that you need to sell I'm not right.

you're an adult I'm not going to be here to to convince you all I'm saying is my job is to make you aware just like I do with my Learn Plan Profit Group. My job is to make you aware if you decide to sell and lock in profits for yourself because you think that's in your best interest. Great if not I respect that as well. and I wish you nothing but the best.

Okay, do you think that QQQ will continue to drop past that point I don't know, right? I'm playing it safe for that specific reason because I don't know I do not know if right? My job is not to predict the future. my job is just to prepare for it. So if I say that we're approaching a potential support Zone which we are now. Um, I'm sorry.

let me go in five minutes. I mean we're literally there right now. we're even Beyond it. I mean I didn't even expect it to hit this low.

We're right around 304. I mean it's hit lows of 304.80 and that was a previous support zone. So anything around 304 305 is a support zone. Right now, we're trading at 304.83 So yes, I think that we are at a support zone for sure.

Um, do I think that it has to find a support? No, it's just where you need to tread. You know, like, proceed with caution. That's the whole idea of me saying what? I just said. Thanks! Wow.

Always take your grain. Don't get greedy of course. Okay, foreign, we have about 2 000 of you guys here. I Do appreciate you guys waking up so early with me, right? um and dropping a thumbs up on this video.

I Appreciate you guys joining me for this live stream I Know, especially for those in the west coast, right? I mean I'm in Arizona I Have to wake up at six o'clock Some of you guys are in California or Hawaii right? You guys have to wake up at 5, 30, um or five o'clock whatever the time might be. So um I I Really do appreciate you guys taking time and joining me for the PPI data report and I hope that you enjoyed it, right? Uh, we kept it pretty simple I hope that it made sense to you. um and I hope that you learned something new. So thank you for hosting of course and and you can see in the at the end you don't have to say anything to them.

Um, but there's going to be a couple people I I See one right now if I'm not mistaken. Uh, this guy's really upset that the Market's pulling back and he was like there is no pullback coming or there's no rug being pulled. Market's going to continue to go up. You know those are the people.

Like those are the ones that throw me like red flags of like you know how desperate are you right now for your position size to return to what it was? That's always what I asked myself anytime that I see an emotional comment like that uh where they're like no, this thing has to happen and it's like well buddy, you know I hope that it happens for you just for your own mental Health's sake. but no, it it does not Right and this this and I can reassure it. If I could tag that person and follow up with them in six months to a year, they probably won't be trading anymore, right? Because it's that type of mentality that ends up burning them and that's I would say a perfect example of someone. uh, that I would aim to not be like right? It's kind of like those Reddit Traders or those meme stock Traders I Don't know if you guys were here for the whole AMC movement, but it's um I think it's just very important.

um so I I think it's just been important for you to take notes of of individuals like that because it's very easy to then you know, work towards not being like that. um I think that's just the important part. So um, and you'll see people in comment sections where you know, not even just in my videos I've seen it how people try to correct others right and others are just sharing their opinions about the market of encouraging beginners to either lock in profits or something like that and they get super triggered like they like if they told them to do something that's like foreign to like hurt themselves or something like that. and I just I Just think it's um, it's funny how people choose to respond when someone doesn't agree with them, right? So out of the PPI report, come in rookie.

missed it. What's going on? Michael Hamilton Hopefully we're on your thumbs up, homeboy. Uh, but the PPI report came in a little bit hotter than expected. So again, this is all available at Bls.gov Forward slash: PPI It came in at 0.75 0.7 percent of an increase instead of the expectation of 0.4 percent of an increase.

So it increased an additional 0.3 percent. Uh, but the overall CPI is at six percent instead of the 6.2 So maybe I should put this in our live chat. Okay, no, it doesn't let me, it's too long of a need to delete outline that's too long on the message. how hot are we talking? Let's get on.

Stefan What's up? What's up? Select your cat G thank you thank you. They cut it a little bit shorter than I necessarily wanted, but um, so again, it's just hair right? all right. I'm going to be closing out the live stream in about five minutes in preparation to going live with my Lpp team. So I did want to link it for you.

It should be the second link in the description, but if it's not, I'm going to link it here in the live chat. So if you want to be able to watch me trade live as soon as today, you can join our Lpp team. You can get the 150 off and you can watch me trade live today and every day moving forward. So just pinned it in the live chat so you should be able to see it from the reminder.

you can only participate in the live chat if you're subscribed to the channel. And also don't forget to, you know, drop a thumbs up if if you feel like we earned it. but thank you Ricky I Really appreciate of course. Uh, you can do once a week live trading for free for like a few hours at least.

No. I I don't That's not how it works I trade live with my LPB teams if if you like, you know I trade All right I host these sessions when specific economic reports come out. But if you want access to me, if you want access to being able to watch me trade live, then again, it's for my Lpp team and that's what it's That's what my intention is I don't care to do it for free for anyone else if it happens like during these sessions and just happened I happen to be trading and so be it. But I do not care to host it for free right? You either value my time or you don't and if if you don't I respect that right? You can just watch the free videos that I have here on YouTube but you can't expect me to want to do it for you for free, especially when I have a group that pays for my time.

Do you know what I mean So uh. but I'm happy to host these streams when I do. but there's no expectation that I need to trade between these streams right? I am late. What happened? You can re-watch the video if you haven't done so already.

but the PPI report came out and Market sold off. Sqq is up. So you can imagine what the PPI report came in as uh, and not just that, but also the initial claims and continuing claims. Do you keep all of your previous trading days recorded all the way? Going back to 2018, you can go back to my live trading session yesterday last week, last month last year.

Yep, so not only do you get access to the lesson library, but you get access to you know I don't know how many trading days There are like 252 trading days and obviously I maybe miss a few. So 240 trading videos per year, 30 minutes to two hours. Yeah, where are the live streams being streamed? So once you sign up for Lpp, once you sign up for LBP in the first three sections of the course, uh, it explains to you. You know the welcome section, how to get access to the Discord and then how to get access to our daily live trading session.

So it's all within the welcome section of LBP 2.0 It explains to you everything we provided. The link will show you exactly where it is that I post the links to go Live, but again, it's all available for you in Lpp 2.0 which is the second link down below. foreign. If you want to join, join and I'll see you at Market open.

If not, um, then you know I'll see you on the next YouTube video live. Free flag and Hoodie arrived today. Thank you Ricky Of course Yusuf you have to send me a picture so we can post you on Instagram Polls are too weak? Yeah! I'm excited to see if the Bulls end up coming on back right? Um, it looks like the Bulls are trying to hold right now. Um I I Do not want to be someone that's just like no, the Bulls are gonna take a beating today.

We've seen it time and time again. Where the Bulls come on back and they fight hard. They recover everything that they've lost right and our Lppt. My main focus is you know, to remove the ego and just uh, to not be afraid to lock and profits out whatever that is to respect.

Market Direction And yeah, Bulls can definitely come on back, right? Let's just wait for that change of Direction And although I'm treating us Kiki right now, if the Bulls begin to come on back, I'll trade Ttdq right? Um, I Just want to make sure that we have confirmation of that reversal. So all right, and there it goes: It's Beginning to curl right back down. So this is a confirmed lower high All right. But there we go.

We're at that seven minute mark. uh or seven, uh, a.m in the morning for Arizona I'm gonna start getting ready for our Lpp team. for others that are newer to Lpp or that are just about to join, you guys have 30 minutes. We go live right at Market open which is going to be in 30 minutes.

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We do ship internationally and yeah, it should. It will charge you for shipping internationally though. So I'm not a member yet, but these live streams are two valuable thank you Ricky talking yeah I appreciate that. So Uh, GTR Giveaway: There's a you can click on it because we provide you a GTR giveaway update If you want to learn more about the details on how you can enter our GTR giveaway.

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Like always, let's make sure that we're in the year on agreeing. Now take a digital team.