President Joe Biden meets with Federal Reserve Chair Jerome Powell at the Oval office to discuss the state of the American and global economy and address inflation.
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Test us hey: what's going on team uh, i thought i would go live right before or during uh. President biden speaks with fed uh, federer and powell, so uh we've seen many many times that it's not necessarily even just when biden speaks honestly, it's uh not really when he speaks, but it's when jerome powell speaks who's. The head of the federal reserve uh that tends to influence the market. I know a lot of you guys appreciate when it is that i go live, so i thought that i would host um the live session right now.

So let me go ahead and just make sure that i pull out the little live chat. So if you guys have any questions, you guys can feel free to ask me. But i really hope that you learned something new and if you do, please consider dropping a thumbs up, so i think we're still waiting for uh biden to wake up. I mean uh uh.

What's it called go live so they are still not live as of right. Now that was my little dad joke of the day. How do i get this thing to move over there? It goes there. It goes all righty, so we got tkq showing signs of a support all right there we go.

So how are you guys all doing today, though? What's up what's up? How are we doing looks like tkq is barely showing signs of a support, still selling off trading below the ema line. Right now, i'd be very, very careful with your position size. I wouldn't be too eager to jump in um again they have not gone live just yet. So let's not get carried away all righty.

So you guys cracked me up here. It goes showing signs of a support. I'm gon na go in with 500 shares. I i've been day trading uh tqqq all morning, how many of you guys have been trading tkq if you you're part of my learn plan profit group during today's live trading session uh.

This thing was pulling on back um and we're able to because we did such a great job managing our position size on friday. We did an amazing job, uh averaging up into our position. So all right is he not going to go live? Is he late? What is he doing? Where is he at? Where do you guys think about inside just kidding just kidding all right here we go we're testing ema, all right. I've been taking profit on t qqq and ask qqq same here been locking in profits all morning.

We have that very common resistance level, so for those that are unaware, this is tq eq, which is the nasdaq triple leverage etf. So when the nasdaq market goes up, then so does this etf for every one percent that the nasdaq market goes up? This etf goes up three times what i recommend this etf for an absolute beginner. Of course, not uh qqq. Instead of the the t, qqq qqq is the single leveraged etf.

So i would more uh be more willing to you know if you are interested in trading nasdaq etfs, then maybe consider that when it's a little bit safer, it doesn't move as much, and i think if you're an absolute beginner, uh you're putting yourself in a better Position to be able to not just tolerate the quick movements, but also the red days being able to you know, make sense of them a little bit more so every time that the market speaks every time that pal speaks the market goes down. That's not true! I it has been true for a majority of the year, but based off of recent speeches - uh - that's not true, so i have my alert set here again that very common resistance level right around 33.90 you're part of my lpp group - we've literally been uh talking about This thing all morning, long about that resistance, we've been locking in profits not being able not being afraid to reduce our position. Size dude come on. Where are we at come on pal? Can i wake up joe? I'm? Sorry, sorry, sorry, i decided to have it.
It's a very common thing: people say right, i'm sure he's just late he's running a little behind all right here. It goes nasdaq. Tqqqqq testing support level at 3327. and we are still not live.

Don't be sorry, wake up. He is stuck yeah, but we're here we're here. I wanted to make sure i um, unfortunately uh you know with everything it is that we have going on. I didn't talk enough about this, so i thought because of this being announced that i would go live so i hope that you guys appreciate it um if it's not too much to ask, i totally understand, maybe if you guys don't but um, if you guys can Drop a thumbs up, it really does mean a lot and again.

I really hope that you do learn something new watch out for the moving average right now, moving average trying to act as a support. Uh seems like they're going to be just talking. Yeah, i mean that's all they really do ever right, um, but it's what they say and or their overall guidance that tends to influence the overall market. So this is something that you always have to take into consideration.

It's not just what they say as in like, but it's also what they suggest. Sometimes it's kind of like when a stock reports earnings when they report earnings, that's part of why people pay attention, but the very big part is also their guidance, not their earnings, but their guidance for future earnings. This is also very important anytime that you hear biden, but especially powell speak. You know they might be saying: hey, yeah we're going to be raising interest rates half of a percent this month, but it wouldn't be far-fetched.

If we raise it, one percent, if he says anything like that for the up and coming months if he says that he's going to raise it more than what was expected, that guidance is something that will influence the market most likely in a negative way. But it is what it is right, so this is why i like going live with you guys um. So you guys are aware of this, so you must be getting this type of you guys are too much you guys crack me up, but again still waiting for the live uh to begin between powell and um, sorry and biden. He is hungover from his labor day celebrations yeah.

How was your guys's uh labor day or not late memorial day weekend? How was your guys weekend was everything? Okay, you guys have fun. I just hung out with my family yesterday i got hung out with rachel. My newborn, it was pretty great market, was closed. That's the only thing that kind of sucked, but it was good, so slept slept a lot.
I like that disaster. Oh no! I don't know if i want to hear about that one all right here we go hit. The gym i like it, it was lit great uh day lake and with friends i like that. So, what's a festival, not bad, not bad hope it played out well.

Why was the market closed? On monday? It was an observance to memorial day ergo. What we're talking about right? It's a holiday, it's a holiday! So all major businesses are closed on those kind of holidays. So so was the stock market cleaned. My room i like that went to work, got broken up with yikes.

Oh i'm, sorry about that. That's a rough one, all right, we are still waiting for the live stream to start. So all right looks like we got about how many of you guys in here. We got about 1300 of you guys here for waiting for biden to start speaking um again, if you guys can, if it's not too much to ask, please make sure that you drop a thumbs up just so we can get other people to join us on the Live and maybe even consider subscribing, especially if you've been uh, trying to learn more about the stock market.

I literally upload new videos every single day that are designed for complete beginners, so smash that, like button, i like that my spy puts are f'd already um yeah. I mean the market's been bullish, the market's been bullish for the past four days. I actually just uploaded a video literally maybe like one hour ago, almost exactly one hour ago, talking about hey, we had a great four day run: let's not get too too excited right. We've been bearish for five months.

We can't get too excited. Oh check. This out check this out. Here we go tiki kiku testing.

Are they going live yet nope? Still? Not yet all right here it goes testing ema, let's see what we can do here, so apex user uh. If you continue to spam the chat, i will remove you from the chat just a little heads up, so, if you're not being respectful to other people and questions that they're asking and all you're doing is spamming and spamming um, i will remove you right for the Greater good of the live chat and i'm sure other people will appreciate it. So again, if you can't be respectful to others, then i will not take time to even answer your question. So it's a lose-lose in that aspect.

Here it goes. Ricky where's, your p l. My p l is right here. I don't like to look at it when i trade, i'm up nine thousand dollars on the day.

Tqqqq is break even right now up 9000, i'm very happy for it, but i don't like looking at it when i trade but think about it. When you're trading and or investing you don't need to be looking at how much you're, up or down your trade shouldn't be dependent on how much you're up or down how much i'm up and down is irrelevant to the market right, it's not important to my trade. What's important to my trade is buying when it makes sense adding when it makes sense when direction's in my favor selling, when it's showing signs of a resistance, regardless of how much or how little i am up. Do you get what i mean? This is one of the things that we've talked about so many times within um.
Our lpp team is how important how crucial it is to trade. What makes sense not because you want to, but because it makes sense. If i look at how much i'm up how much i'm down up on the look, i just hit ten thousand dollars today. Think about that.

That's a lot of money to me like! I don't want to make an impulsive decision. I don't want to trade based off of something that's not relevant to the trade itself, so all right there we go. You guys. Cracked me up.

Also, i do trade with a decent dollar amount. So please, if you're just getting started, do not compare your days with my days. It's just you know, that's the whole point of scaling right as you get better with something you begin to do it with more money right um, and this is something that comes with time. This is why i think it's so exciting one of the things that we always talk about with our beginner traders.

Is you know why are you in such a rush to make the most money right now when you're, not even trading with the most money, that you could be focus on the important part and that's learning right? We had a bunch of people over the weekend. We had one of our biggest sales for memorial day. We had a bunch of people join and people are so excited to just start trading right away. Think about it but think about it.

When you go to school right, you go to college, go to university. Do you let's say you want to work towards being an engineer? You have to go to school for four years and then you get your degree and then hopefully you get a job right, not always, but traditionally right think about it. Imagine thinking that as soon as you begin to go to college and you begin to learn how to be an engineer and all the different subjects that you expect to get paid right away, the stock market is no different. You need to focus on the learning part and the making money part comes later.

This is why we talk about paper trading or trading with a small dollar amount test and practice everything that you learn. You know i have a bunch of videos on youtube, but don't even stop there watch other people on youtube. My biggest focus every single time is work with people that resonate well with you that you know their trading style makes sense to you. It's not even so.

Much about who makes the most money or who makes the least amount of money. You know everyone trades different. The biggest thing that you should always focus on, in my opinion, is work with people that empower you to be the best version of yourself that make you feel good that make that that push you to that next level. Right, that's what it should be.
It's not that you should always be super comfortable, but that you shouldn't be afraid to you know kind of step outside that box. So do you teach options trading? I do not so i don't trade any options so just make sure that you're aware of that um everything it is that i break down. Um is included here in lpp, so our a2z video lesson library. We include our daily live trading sessions.

I trade live every day. Our private group chat and you get access to our 7 000 square foot office. Space called tech, buds hq in chandler arizona. You get everything access to everything.

It's a one-time payment and lifetime access today we're actually it's the last day for our biggest sale. It's 150 off. You don't have to sign up, but if you've been waiting for our biggest discount, you won't find a bigger discount. So it's the first link in the description of this video.

If you don't see it feel free to refresh your screen and it's the first link down below. So what do you think about meet kevin? I personally know me kevin um. I think he is a great guy in the sense of um. I don't personally watch his videos, but i know that he is very proactive.

Do i think he's perfect? No, i don't think anyone's perfect. Do i think that every decision every person makes is perfect. No, of course, not right, that's that's. The whole reason that you probably follow us on youtube is because you liked something about him that maybe reminded you of yourself, and i think that should be the thing about every person you follow.

It's not that they bring out the worst of you, but that they try to be the best versions of themselves in, in their best case scenario and worst case scenario, so um. I feel like, as the market's been pulling back um people. You know kevin to my understanding. Is a long-term investor market's been down for this year? Then people will automatically begin to scold kevin.

It's like you, got ta pick and choose your battles dude like. How are you going to blame someone else's? How are you going to blame your failure based off someone else's? You know decision on how they choose to invest. I just i never made sense. I don't understand that.

I don't watch his videos, but i know the general idea of it. I just think it's super super important, for you know this. This is why i always try to encourage other people to you know, take time, learn from those that you value but understand that it's never going to be perfect. You should never depend on copying other people right.

You should have a general understanding of what to do and what not to do have your criteria of like hey kevin might want to do this. Ricky might want to do that, but i want to do this. It's not about who's right, right or wrong. It's that you're doing your job as a proactive investor and trader to be the best for yourself right and that's all.
We can always aim to be so that's my opinion. I saw someone else. So biden blames everything uh on everyone else, but himself, and i will speak on that. I don't feel like that's controversial at all.

I think that's just a matter of opinion. I also do agree. I i feel like that, but it's not also just biden. I feel like it's been presidents as a whole.

I do agree that they do tend to blame other countries and or other people or other previous presidents. It's always this back and forth. It's like no one can take accountability for themselves. Um and i get it.

I mean they get handed a country in a specific state. Um, it's just unfortunate. I'm not here to you know, overwhelm you with my opinion on politics. I never talk politics, but i definitely am open to hearing other people's opinion.

I try to stay very level-headed. I, like understanding republicans i like understanding democrats, i like trying to understand liberals whatever it is right. I feel like there's something to learn about every and each person, regardless of how radical or on the on one side of the spectrum they might be um. I i think that, regardless of what you are, it shouldn't define you as an individual.

Your political stance shouldn't define you as a person, it's just you know. Whoever your political party is. Why does it have to be so much more complicated than that right? It's like chill out dude, i don't care who you voted for. It's not gon na change, your personal problems.

You know you still sleep in all day, you still have a horrible work ethic, our president's not gon na change that right, it's you know, pick your battles. I think people just need to do overall, a better job in holding themselves accountable here. It goes same resistance at 33.50. Have you ever thought about making a video in spanish or have you already um, we've thought about making a video in spanish? What do you guys think what do you get? What would you guys think if i were to make a video in spanish? What do you guys watch it? Half majority of people that watch my youtube channel be like what the heck this dude speaks.

Spanish, what there we go, not i know, yeah, we got a shift of people. I like that alrighty, maybe something that i'll have to follow up with later right, all righty, so still showing signs of a lot of consolidation. I don't know about you guys, but i am not seeing anything um. It should have started already now.

This is another live event. This was just shared within our lpp. Live chat, 46 minutes for that bad boy. We got time.

I don't think i'm gon na go live for that one, but this one, what the heck! Why are we not live yet? Is he sleeping? So if i sign up for lpp, do i have access to the chandler facility? I live in phoenix gonzalo. Yes, so you get access to everything. So that's a great question: we actually just broke it down a little while ago you get access to my daily live trading sessions, access to the a2z, video lesson, library and all the updates you get access to. Our private group chat and then you get access to the tech but hq it's lifetime access um.
It all does come out of privilege. But let me give you an example: if you come to the hq and you come and you're a complete mess, if you're destruct, uh disruptive to other people, i i will remove you and no longer allow you to visit us at the hq. The same thing with our live trading sessions or our private group chat. If you are disruptive to any member, if you are not, i don't care how much money you make.

That's never been important to me if you treat other people that are just getting started and you belittle them because of either their successes or their failures. Whatever the case might be, if you bring that type of environment, i don't care. If you signed up, i don't care. If you just joined, i will remove you without a blink of an eye.

My number one focus is creating a work environment that is empowering for everyone, regardless of how little or how much money you make, and that's always going to be my number one focus. Everyone knows that if you're part of lpp that is literally like i will ban you in in a second, so if you're, someone that comes with a great work ethic, if you like, empowering other people, if you like to be around that environment, then i think that You can work really well with our group and again it's 150 off right now we will not offer any bigger sell and it's that first link in the description down below. If you see it so will the person get a refund after that? Of course, not. No! No, it's it's a one-time payment and we give you access to everything.

It's a it's a privilege right, so i'm selling you the course you get access to that. The hq anything like that if you ruin it for yourself, of course, not there's, there's no refund. For that you put yourself in that position. Here's a crazy idea, don't be disrespectful to others, simple right, uh, it's not a monthly payment.

I don't it's a one-time payment lifetime access! There's, there's nothing else to it! It's all-inclusive! I like to keep my stuff pretty simple. So why do i sell lpp? That's a great question. Well, one of the main reasons is obviously people like to work with me on a closer basis. If i upload my videos right and i find my value to other people, why would i offer my time for free? Do you get what i mean? If, if you don't value it, then guess what here's a crazy idea don't sign up, but if i'm going to go live every day, if i'm going to be of value to other people, if i'm going to structure everything, it is that i know in an effective Way and deliver it to you, so you can watch it in an effective way, that's of value to people and if it is great you can join and if it's not, then here's a crazy idea do not join that's simple right.
Why am i going to give access to my hq for free right? Why am i going to give you access to my private group chat for free? Why am i going to give you access to my daily live training sessions? Why are we going to give you access to any of it for free? Why right simple? I don't know how, when people ask that question, it's like what do you think, i'm just here to serve people, i'm just here to be available to you at any time. For free, i'm sorry, it just doesn't work like that, and can you learn how to trade? On your own 100, i learned how to trade online one of my most popular videos on youtube. I learned i shared and talked about. I learned how to trade on my own, but of how much time it took and how much money i lost along the way.

It's a very simple thing: it's you can learn how to trade on your own, but ask yourself that simple question: how much money will you lose and how long will it take the whole point of a course? The whole point of all this structure is to condense. The time that it will take for you to learn, if you value that great, if you don't, then do it on your own right all right. So we are struggling right here with this resistance level right at the 3360., so time equals money. Ricky.

Remember that we value your time and thank you for your videos. I appreciate that very happy to have you, as a part of the team has joe gone live yet right. Finally, i thought we're about to just getting a bunch of ads beautiful uh. Would you be doing a video in spanish again something i'll have to follow up with i, i would love to make one or two videos, maybe this year in spanish, something i'll follow up with okay.

Thank you for coming. Thank you. What just happened? Okay, let's go, there is no way that that is it. What did they just say? He postponed it or he cancelled it.

There is no way - oh my god, no way that that was it wow pointless watch the market go up right now, because nothing was said again. If things don't get worse, they get better. We'll see that what the and did you guys hear when he was speaking? I don't know again, i don't know if it was just me, but i can literally never make sense of what he's saying that was absolutely horrible. It goes re-testing.

The same previous highs, uh, the 2 30 eastern is another live. This is press secretary yeah. So this one's a little bit different, this is a different live stream. That's in about 30 minutes from now so biden says that he supports the fed's decision and their independence.

There's no way that that was it i mean i must all of that. We waited okay. Well, i do apologize, i mean we did talk about a lot. We answered a lot of questions um, i thought the live stream would have been quicker than just the one minute long uh uh.
He said that we need to transition from recovery to steady growth wow. That was that was ridiculous. I think that was ridiculous. I don't know about you guys, but i'm not the biggest fan of that one.

I'm going to reduce my position says here: i'm just going to play it safe! That's one of the things i mean i tend to lock in profits, pretty pretty early uh, twelve thousand dollars on the day on t qqq. I have 10 000 shares left. I am not going to hold more than 5 500 shares, just like i did on friday right uh. The rest of the shares are shared that i'm trading with so i have 4 500 shares left to sell and i'm going to be locking in profits most likely at around the 33 80 to 33.90 area, as that has been the very common resistance level um.

I just don't want to get ahead of myself. If market continues to go up, then i'll average up into it, but i think right now, as things are a little bit more uncertain, you know there's no reason to rush into it, so um yeah. I do apologize for that. I thought the livestream would have been a little bit more entertaining a little bit more of length and of value when it comes down to um, joe speaking to powell.

I didn't even see powell in that live stream. Was it just me? I didn't see anything so maybe i just missed it myself. There goes 13 000 on the day. So again i would love to have you guys for tomorrow's live trading session friendly reminder.

We are running our biggest sell today. Uh, it's 150 off. It's all-inclusive one-time payment lifetime access and that's that first link down below, if maybe you're, not ready to join our team just yet and you're just getting started click. The second link down below that will send you on over to our free group chat and we are actually hosting a pizza party at our tech buds trading hq on friday at 1pm.

So, even if you're a new subscriber a new subscriber, if you're just joining us, then i would love to see you there at the pizza party just come, have fun and meet other local entrepreneurs and traders also an extension from our memorial day. Sale. It's a free mouse pad with every uh order over 40 dollars so head on over to shoptechbuds.com, and this applies automatically at checkout, especially if you're new to trading. If you want to pimp out your trading setup, you need some new art anything on the site.

Any order over forty dollars add your favorite mousepad and you get it for free at checkout. Here it goes beginning to touch that thirty three eighty dollar price point uh, don't mind me, you guys can uh head on out. I get it. You guys probably have things to do.

I'm gon na reduce my position size here, all righty, so there it goes reduced it to 9000 shares 13 000 on the day, um and yeah we'll leave it at that. So i'll see you guys tomorrow at market open for our live trading session and also all the links are in the description to follow me on instagram and all that good stuff. So, like always, let's make sure that we in the year on.

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One thought on “live now: president biden meets with fed chair powell to discuss inflation”
  1. Avataaar/Circle Created with python_avatars Glen Gardner says:

    He hasn't waking up from his old man's nap

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