Stock market is down once again and it's about to get worse. CPI data report is set to be released tomorrow at 8:30 am EST. Please make sure you are aware of how this can influence the market!
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Hey: what's going on team, it's ricky with tech bud solutions, as you guys can see. Remy was getting super fussy because uh she wanted to make sure that i made you guys all aware of the cpi data report that is set to be released tomorrow. I just wanted to update you guys. This is not to scare you.

I understand that the title is is where this very specific way. One thing that i need all of you guys to know is that i actually didn't really partake in trading. Ask qqq today. We just wrapped up our live trading session.

With our learn plan profit group, the nasdaq market, began to really aggressively sell off out of nowhere about 20 30 minutes ago. It was showing a lot of signs of consolidation. This is for ask qqq for those that are unaware. Ask qqq goes up when the nasdaq market goes down.

I've been trading it all week. Last week i had one of my biggest weeks. I made forty seven thousand dollars i trade with over two hundred thousand dollars. So please be aware of that.

With that being said, i wanted to play it safe. I know that the market tends to be more bullish than it is bearish, so i didn't want to hold a heavy position of sqq overnight and especially over the weekend. Yes, i knew that sqq could continue to rise as the nasdaq market continues to drop, but i didn't want to overcomplicate it. So i'm right there with you guys that you know i wanted to play it safe, just because i know that i've been burned enough.

Trying to hold the inverse bare ecf, hoping that i can make more money - and i just didn't want to partake in that. I had a very successful week last week, so i tried to play it safe with that being said, just because i played safe doesn't mean that you have to and the reason i'm sharing. This is right on my youtube channel. I don't like to tell people what to do.

I never do that, but i like to inform people of what's going on and why the market is performing the way that it's performing and tomorrow, if you guys, are unaware the cpi data report is to be released, and i wanted to show you guys this. So if we head on over to bls.gov bls.gov forward, slash cpi that was remy, i swear looks like she's getting her morning: poop uh, but tomorrow, at 8 30 a.m in the morning eastern standard time. So, if you're here in the west coast, like i'm in arizona right, so if you're in california, as well, everything in the west coast - that's 5 - 30 a.m, meaning that this report will be released before many of you guys are even awake, and this does influence the Market and it is based off of expectation the last time the cpi data report was released. We actually saw the market recover shortly after because it was not as worse as what we thought.

You know what we anticipated, so one of the things um our learn plan profit group talked about today - is how great would it be to look at last month's report, because this is the cpi data report for those that are unaware is reported once a month, and It's normally around this time right, the 10th of the 13th um, and tomorrow it's going to be set in place. Let me go ahead and make sure remy is taken care of, but i wanted to make sure that we were aware of what was reported last month and do we expect based off of what we know for the market to or for the actual data. To be worse or better than anticipated, so i just wanted you guys to be aware. Obviously i'm not going to have much time to talk about it, because i need to get remy uh her breakfast right.
It looks like she's already hungry, as you guys can. Imagine. Uh, but i wanted you guys to be aware of this report, i didn't want it to go. You know i didn't want to continue today without you guys not knowing what exactly was to be released tomorrow and if the market drops tomorrow, i don't want you guys to be scratching your head asking.

What could i have done to prepare for this? So that's exactly why i'm making this video and i hope that you guys appreciate it uh, but i also want you to know what are the eight major groups that make up the consumer price index, because i want you to do your own due diligence right. It's not just about me telling you hey, you should know this or you should do this. I want you to be aware. I want you to be a problem solver, so i wanted to show you guys a picture as i'm much more of a visual learner of what makes up the cpi data report, and all this really, this report is about is based off.

Of these eight major groups did things, get more expensive and or less expensive and there's a set expectation, so it's kind of like an earnings report. So please be aware of that. I would love to kind of break down last month's cpi data report and then make a decision with you guys if we think that that specific group is greater or worse than expected, based off of last month's performance. If you guys would like me to make that video, then again, all you literally have to do is destroy that like button and subscribe to the channel.

So yes, if the cpi data report is worse than anticipated, meaning that if inflation is, is worse than anticipated, which i personally don't think that it's going to be. But i think one of the things that we will take, potentially a big hit on is gas. So with that being said, um, that's kind of like the underlying factor. Please be aware that if things do get worse right and the cpi data report gets released and things do get worse, sqq definitely does have upside potential.

I wanted you guys to be aware of my intent. I wanted to play it safe. It doesn't mean that i can't day trade it. It just means that i'm not going to aggressively day trade it and i'm not going to aggressively hold the position as again.

The market tends to be more bullish than it is bearish and s as qqq in just the past. Six days has gapped up 25 and i've captured most of that. So i'm sure a lot of you guys can agree that you know anytime, that you get too greedy. You know it's never a good idea, so i wanted to play it safe.
Yes, i'm up 150 dollars, but it's not very much so i wanted to play it safe. Yes, i might day twitter a little bit more, but i'm definitely not holding it overnight. So, as you guys can see she's getting super fussy. I hope that you guys appreciate this video if you guys do again.

Please destroy that like button and i do upload new videos every single day so make sure that you guys subscribe friendly reminder. I trade live every single morning, just like we did with the learn plan. Prof group, today's live trading session was very informative. I made a couple mistakes, so it wasn't as smooth as last week's live trading sessions, but i think that's one of the great things it's that it's my trading is never perfect, so you not only get to learn from my successes but as well as some of The mistakes that i make in real time - and i explain my thought process on what i could have done better if this would be a value for you and you want to learn more about it.

I encourage you to take two minutes. Click. The second link down in the description and learn a little bit more about my learn, plan, profit group, and if you want to work with me on a closer basis, i will see you tomorrow at market open. I appreciate you guys time hoping to wish you guys an amazing rest of your day and, like always, let's make sure that we end the year on a green now, take a day to team.


By Stock Chat

where the coffee is hot and so is the chat

20 thoughts on “Market crash update: it’s about to get worse…”
  1. Avataaar/Circle Created with python_avatars H Gregory says:

    Appreciate your insights and helping us learn

  2. Avataaar/Circle Created with python_avatars Brian Thompson says:

    My long term outlook (6mnths – 3yrs) on TQQQ shows momentum to the downside. My Fibonacci retrace shows us currently between 61.8% – 50%, which actually correlates very well with support levels. I see us dropping down to $40 for a possible formation of a double bottom. If not it's possible it will push down past $40, to as far as $30-$35, where the 200 day MA is on the 3year weekly timeframe.

  3. Avataaar/Circle Created with python_avatars Meme Generator says:

    Chill with the titles

  4. Avataaar/Circle Created with python_avatars Hadal Capital says:

    Thanks for the video.

  5. Avataaar/Circle Created with python_avatars apmmasterpc99 apmmasterpc99 says:

    market keep going down day by day but nat gas keep breaking all time high everyday lol

  6. Avataaar/Circle Created with python_avatars tsmooVe2831 says:

    Congrats on becoming a father.. respect..

  7. Avataaar/Circle Created with python_avatars Hector Salas says:

    Dont forget bank earnings the following day. That will be huge, this will tell us how much people are saving, spending, credit lines, bank reserves etc. So if the market dont run tomorrow even with good CPI numbers its because of the bank earnings. Institutions will most likely wait until wedn.

  8. Avataaar/Circle Created with python_avatars Maninder Singh says:

    @ricky are you doing scalping as well..?

  9. Avataaar/Circle Created with python_avatars RawFatGod says:

    Thank you so much for the quick update!!

  10. Avataaar/Circle Created with python_avatars Ricky Roar says:

    You should start teaching youngsters how to be successful.Your example is great

  11. Avataaar/Circle Created with python_avatars merry Johnson says:

    I'm no longer waiting for the GRANT LOAN because I earn $29,700 every 10 days recently

  12. Avataaar/Circle Created with python_avatars T says:

    Sweet ๐Ÿ™‚๐Ÿงก๐Ÿ’›๐Ÿ’š

  13. Avataaar/Circle Created with python_avatars Ricky Gutierrez says:

    Drop a like if you heard Remi's little fart lol

  14. Avataaar/Circle Created with python_avatars Thomas Santos says:

    My life has totally changed since I started an investment of $5,000 and now earning over $17,200 every 14 days.

  15. Avataaar/Circle Created with python_avatars CAMS says:

    Thank you Remi for the market update!!!

  16. Avataaar/Circle Created with python_avatars Yeah says:

    your video titles gives me heart attack sometimes

  17. Avataaar/Circle Created with python_avatars Cagdas ilter says:

    Ricky you are the man a great father and a great trader

  18. Avataaar/Circle Created with python_avatars Diego Ramos says:

    Man we should get at least a little bounce up… so weird it just keeps going down

  19. Avataaar/Circle Created with python_avatars Salom says:

    Got it, thanks bud

  20. Avataaar/Circle Created with python_avatars MrHobojoe546 says:

    First

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