Hey what's going on Team? It's Ricky with type of solutions. Hope that you guys are all having an amazing Sunday Just wanted to go live very quickly and talk about uh, where the market is at right now for Nasdaq and give you guys uh, just some things to look out for especially as on June 14th. If I'm not mistaken, that is the next interest rate hike at least that is set in place. uh for the Fobc meeting.

So it doesn't mean that the Federal Reserve has to raise interest rates, but if they were to do so, it would be on that given day. So let me go ahead and start sharing my screen so you guys can see exactly what it is that I'm looking at as you guys can see I am using the Weeble trading application. You do not have to use it yourself, but if you do like it again there they are having a free sign up. Bonus that you can earn up to 12 free shares when you deposit five dollars and that's going to be the fifth Link in the description down below.

I'm going to give it a couple of seconds Uh, for people to start tuning on in If it's not too much to ask, please make sure to drop a thumbs up. But one thing I Do want to remind you even before we get into today's video, our GTR giveaway ends tonight so I won't be promoting it after today. It literally Ends Tonight I know a lot of you guys are pretty much you know over it. some of you guys haven't entered.

Um, you don't have to enter. Let me make that very clear. but if you want to enter the GTR giveaway or 50k cash I want to remind you that tonight is the last night to enter. If you sign up for Learn Plan profit 2.0 you will earn 20 000 entries, but you have to sign up.

By tonight we are running our bigger cell. It's 175 off. It's the second link in the description down below. Second way to enter is you can head on over to Shoptechbutts.com and for every one dollar that you spend, it equals 20 automatic entries.

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head on over to Learn Planprofit.net And of course, if you sign up today, you'll get 20 000 entries. So I want to remind you you do not have to enter. Please do Not buy anything that you don't actually want. but I just wanted to make sure that you guys were aware that if you did want to, you guys obviously have the option to do so.

So what time are you drawing the winner tomorrow? So we're not drawing the winner tomorrow. For those that didn't read the sweepstakes rule, we have a third-party sweepstakes company that license that made this giveaway license and bonded. so we wanted to make sure that we did it. Super legit.

so we paid a sweepstakes company to oversee the entire giveaway at how legit giveaways are supposed to be hosted and we got licensed and bonded in every state making sure that we make it fair for everyone. So we send them all of the people that entered. they export all of that data from the different people that entered and then they randomly select a winner and then we just announce it I Want to remind you that we will FaceTime you or we will try to call you to. Once the winner is actually selected, you'll never receive some weird spammy message from us and we won't ask you for any money to be part of the giveaway winner.

We've just heard other giveaway companies get messages like that to their customers where they try to pretend to be them. so just want to make sure that if you win the giveaway, trust me, you'll know because I'm going to be there FaceTiming you so I'm super excited right? I I Still can't believe that one of you probably you know if you're watching this right can be walking away with the Uh Nissan GTR or 50k cash. So Eric's motto. we did announce the giveaway winner for that.

Uh, we posted it on our Instagram if you didn't check that out. So all right, let's go ahead and get right into it. So if you guys want me to break down your top stock, just share it in the live chat and I'd be more than happy to break it down for you. One thing that I did want to talk about is where the market is right now.

NASDAQ Market is in the red. So again, that was stated in the title. NASDAQ Market is down 0.29 So far, that doesn't mean that the market has to open up in the green, uh, or in the red. That's just where we're at right now.

Looking at support levels, it looks like we have a general support range right around 14 500. So that would be the market being down point four percent or point five percent and it looks like that's where we're headed right now. It's going to be very exciting to see that, uh, tomorrow, because tomorrow's going to be the first day after President Biden passed the U.S debt limit deal right? So everything supposedly should be good and it's past and the the US should not default tomorrow June 5th. But it looks like the market is already reacting so far in a negative way.

so it should be pretty interesting to see if you end up joining Lpp. Then again, you'll be able to see me trade live tomorrow and it should be a fun time. Let's go ahead and jump right into it again. If you guys want me to break down your stock, drop a thumbs up, subscribe to the channel and share it in that live chat.

Let's go ahead and do it. So all right here we go. I'm gonna break down AMD for you guys. So AMD looks like it's already retracing back from its highs even after.

let's go ahead and check out the video because Nvidia has to have a pretty similar pattern. Uh, Nvidia gapped up originally, obviously because of their earnings and the forecast that they gave for that. AMD being one of their competitors, looked like it benefited originally from that Gap up, but it's been correcting itself shortly. Uh, all the way back down to 117 after hitting highs of 132.

I Think it's going to be very interesting to see in my opinion. Again, this is just my opinion. I Believe markets are overbought. obviously they're extremely bullish, but I think markets are very overbought to the point where now that our focus is no longer the US debt ceiling and that's all that was really driving the market up.

Now that that hype is over, what do you guys think the focus is going to be in my opinion? I Think it's going to be this next rate hike and I think that there's going to be uh, you know these these different used Outlets that are going to use titles to really try to persuade or their influence either on the bull side or on the bare side right? Because at the end of the day no one knows exactly what the Federal Reserve is going to do on June 14th during their Fomc meeting, right? Are they going to raise interest rates and remain hawkish? Are they going to pause because they think that the economy has taken enough of a hit or it's slowed down enough? Or are they going to do rate Cuts based off of what Jerome Powell said Last, they still want to continue the fight with inflation, right? That would be my expectation. So I'm expecting either a rate hike of 0.25 or a pause. I would be very, very surprised if there is an actual rate cut because he specifically stated that the market was trying to early on factor in a potential rate cut. But you know, just because the market is interpreting that that way does not mean by any means that anyone with the Federal Reserve agrees with that, right? And he almost hinted on the idea that the market tends to be ahead, um, of its forecast when it comes down to its fight against inflation.

So I'm very excited to follow up and to see which way it actually goes when it comes down to Nvidia This is just my opinion, but I think it's extremely overbought based off of this. Gap Up, There's not been one time that I've ever seen a company Gap up 30 percent and gain 300 billion dollars in market cap valuation and not give any of it back, right? It's great They they had great guidance, right? But if you actually look at the numbers, Nvidia is nowhere close to that. Guidance Just yet right? Obviously, it's something that they can work towards, but based off of that overall forecast and the numbers and what it breaks down per share I mean Nvidia as far from that as of right now. So I Think that once the market does begin to correct itself, then it's just gonna correct.

Uh, create an overreaction for NVIDIA on the way down, which is very unfortunate for those that don't know the idea of locking in profit. So let's go ahead. and uh, move on to the next one. What is going on? What's up? What's up? What's going on? Randy So let's see which one is next.

We got Exxom. Let's go ahead and check that one out. All right on the day chart. Exxon Mobil What do you guys think about this one? I Actually really like it.

Uh, based off of the day chart, it's been looking very bullish. It's testing the moving average as a potential support. Obviously, patterns tend to repeat themselves. They don't always have to.

It could break below this moving average and continue to sell off. We'll see if it actually breaks above that EMA and heads right back up to that 120 resistance. Let's check out the our Roi potential based off previous highs 12. It's nothing crazy, right based off of other potential setups, but it is oversold based off of recent Uh patterns.

We'll see if we see that consolidation. But just like we've talked about before within the Lpp lesson library, right? the three stages of a reversal, rejection, consolidation and then we wait for that confirmation uh, for it actually to indicate signs of an uptrend. I Can't speak for all of you guys, but I know at least for myself I often buy way too early hoping for something to happen. So how do I break that bad habit? Well, instead of hoping for something to happen, I can set an alert and actually wait for it to happen.

So instead of trying to predict effect, we prepare to react right. It's it's something that we're talking a lot about within the Lpp live session. So again, if you end up joining us tomorrow, you'll you'll hear a little bit more about that. So uh, let's go to move on to the next one.

so we're gonna break down. Tesla Let's go ahead and break down. Tesla I think Tesla again as it approaches the 220 dollar a share uh, price point. I think again.

it's just another red flag of Market being a little bit too overbought, but obviously very, very bullish now taking it day by day as a day trader. uh, if you know if I were to be looking at Tesla but I want to short it right now? Heck no, right? Stating that something was overbought is much different than stating something is worth shorting Right now, it's still very risky to short because it's extremely bullish and it could break above. You know the 217 and continue to make new highs, right? But it's understanding these levels and respecting these levels and understanding. Wow, we've really gapped up.

It's good. Let's go ahead and test this resistance range if we break above it. I Can enter a day trade, but at these overbought levels, this is probably not something that I personally would want to buy and hold, but that's just my two cents. You let me know what you think.

So hey, Ricky can you check my message on Discord Of course. uh, if it's not too much to ask, uh Eric Uh, send me a period just to make sure that I get to your Discord message. Okay, uh, because sometimes uh, Discord doesn't pop them up or I might have overlooked it. So I do apologize for that.

So good night Ricky Let's have a good day trading tomorrow. Take care brother! Uh, good night Joel We Will see you tomorrow at Market open. So let's go and break down. Apple So Apple is nearly.

Um, or did it? Yeah, I did break. uh, 52 week highs, did it not? Yep. 52-week high or all-time highs 181.78 Its current market cap is 2.85 trillion dollars. Not too shabby, right? One of the most valuable companies, if not the most valuable company that's publicly traded.

Higher highs? higher lows I mean Apple is its own monster itself. Um, do I think it's a good price point to invest in it? Uh, in my opinion? No, of course, not right? We've talked about it when Apple was down at the 130 140 range, right? That made sense to me where Apple is one of, in my opinion, one of the safest forms of investment because of the type of company that it is. But now that it's at 180 181, Market's overbought, the idea of us potentially still being in a recession or a slower economy, interest rates still being aggressively High Apple Elon Tesla right? All forecasting that the next 10 to 12 months might be a little challenging I Think that again, the stock market once again is getting ahead of itself. It's great for those that were able to trade and make money on the way up here.

but I think it's just important, uh, to respect overbought and or in this case, overbought levels. but feel free to share your opinion about what you think about it, right? Do you think that Apple is a good price point at 181? Um I Don't right? I Think it's a good price point to potentially exit uh and wait for it to retrace right back, right? But I'm someone that always likes at least submargin to work with. Uh, I would I Could never see myself being someone that wants to buy at all-time highs, right? Uh, But you let me know what it is that you think. All right? So where is the second link? Everything is linked in the description of this video, so if you don't see it, feel free to refresh it.

but it's linked in the description of this video. Uh, and you should be able to see the second link. The second link will send you on over to the Lpp lesson library and it should break down for you that you'll automatically earn 20 000 entries for the GTR giveaway and it should automatically apply the 175 off discount. Uh, Steven I like this So I appreciate you asking me to break this one down.

Let me know what you guys think. but I was thinking about making a video on American Airlines I thought it would be so I thought it would be kind of fun American Airlines I Want to see a show of hands? how many of you guys are part of Lpp? So let me know in the live chat for those that are unaware. American Airlines is probably my favorite stock to trade when it's at twelve dollars or even when it's at fifteen dollars. but I like to short it when it's around fifteen dollars.

And the reason I'm saying this is because my Lpp team sees me during these live sessions when we're just messing around. If American Airlines is very oversold and it's like at 12 I almost always buy it right you might be asking Ricky why I'm not encouraging I don't think you should buy it right? It's just my favorite stock to trade that's at like 12 to 14 I Don't really trade many different things that are not kind of my bread and butter kind of like uh, Tqs and Sqs. But as you can see, oversold levels for the past year have been around twelve dollars, the lowest point has been 11.65 and overbought levels have been on average around fifteen dollars there were. There was a time when it hit highs of 17, but then it sold right back off recently to 12.65 right? And we actually caught this during our live session with the Lpp team.

It's one of my favorite stocks to swing trade or today trade from. but mainly swing trade which means that you could be under the PDT rule. Um, and it's just fun for me. I Don't do it with a lot of money I manage my position size and I still split it up into three different positions.

but I was thinking about making a video and breaking down my entire trade plan of where my entry is going to be, Where my adding more to my position for my short would be where I would cut losses and where my take profit is I don't know if you guys would appreciate that video. uh or maybe I could just make it for Lpp, but I Thought it would be something quite interesting because it's not going to be something that is going to happen all in one day. It's a swing trade that's probably gonna gonna take you know, maybe one or two weeks and it'd be really cool to see. Hey, did this trade go according to plan and if not, how, how would it you know if things went? South How did I manage or mitigate my risk right? Because I'm not a perfect Trader I make mistakes all the time.

My job is not to avoid risk right? Like we've said before, my job is to manage it so let's not forget about that. Let's go ahead and break down: Target Can I see of Show of hands for the people that are tuning on in. Who thinks that Target is going to be a good dip buy opportunity based off of this recent sell-off What's going on William What's up my eye How you doing So who thinks Target is going to be a good stock to be buying at 130 because you think it's an overreaction based off of controversy and you think that it's going to eventually recover back up to 170. Not yet? Nope, Nope nope.

And that's fine, right? I Respect that if you really don't believe so I think you should stay true to that. Everyone's entitled to their own opinion and you shouldn't. No one should ever try to convince you otherwise, right? We all see value in different ways. I Just thought it was interesting obviously I made a video about it I Think it's very interesting to think because you see that a lot.

Some people are very emotional about it, but as a Trader or as an investor, our job is to remove those emotions and then to ask that magical question: Is this a hidden opportunity? Is this an overreaction and that's exactly what I think this could be right, which is why I'm very excited to follow up, but again, my job is not to predict my job is to react so I could wait for confirmation I don't need to buy it at the lowest price point. My simple question that I'm asking myself is am I missing out by not being invested or by not having an open position and as of right now, not really right, we're still below EMA We're still below the moving average I Would like to wait for this thing to break above like 140 and and at least show some ground that it's actually trying to recover once. I get a little bit more of that I Would love to follow up with TGT and to see if it was something actually worth. Potentially sweet.

Twitting you guys, let me know what you think: I'm gonna do Uh, every. uh I'm gonna break down two more stocks I Don't want to take too much of your guys's time. As you guys can tell I'm super tired. um I'm excited for our live session tomorrow.

We just had a really long uh day. Obviously with our giveaway coming to an end, our team is is working as hard as we can to try to make this a really good experience for whoever ends up winning the GTR and I hope that you guys could see that I hope that whoever ends up winning that you guys can congratulate them if it ends up not being you of course. I would love it to be all of you guys if we could give away a GTR teach and every single one of you guys. Um, but I'm I'm excited I I Think it's going to be like, you know, a very stable memory for whoever ends up winning.

uh, young or old? I I don't know. but I think it could be a life-changing experience for I mean fifty thousand dollars is a lot of money or you win a you know, 128 000 vehicle when it was brand new, right? MSRP So It Ends Tonight It ends in uh, three hours and again, all the links are down in the description. Um, you know if you guys want to enter. All right, let's go ahead and move on to the next one Pltr.

So thank you for posting it in the ticker call out format. Here we go, Pltr is going off of a recent rally a really nice Gap up but anytime I see something like this, especially with Pltr that's been making steady lower lows and lower highs. This is kind of just the red flag to me, right? A lot of consolidation here. It is way too overbought for my taste and again, it's just my opinion.

but I think that this thing is due for a pullback and I would be I Would personally be very careful at these overbought levels due to downside risk because of how quickly it gapped up. So let me know what you think about that. So all right, where are we? Yep, NASDAQ Market is still down point three two percent. I'm excited if the market continues to sell off, we'll just have to short tomorrow, right? Uh, a red day for the market doesn't mean that it has to be a red day for you.

So that's that's one thing that if again you join us for these live sessions, that you'll begin to see that. Green Day or red day for the overall. Market There's always money to be made if you focus on one thing and that's Market Direction All right, let's go ahead and break down that stock for you. So RCL What's going on Juan I Appreciate you taking time to join us.

so higher highs, higher lows. Looks like we've broken this one down before Royal Caribbean and it is extremely overbought in my book right now, right? It's going off of a really nice rally, but now it's overbought approaching previous highs. What do you think? Do you think it's time to take profits? Or do you think that again? It's in the very early stages of continuing to form higher highs and higher lows. It looks like it does a really good job.

When it retraces, it pulls back to the moving average and that would be, in my opinion, more of an ideal entry because you put yourself in more suitable position to actually be able to. you know, see some Roi potential as long as it holds above that moving average. But obviously, if it continues to form higher highs and higher lows and you want to take that risk great. But for me again, the risk is just a little bit too high due to, you know, reward to risk ratios.

So yeah, you guys can let me know what you think. But other than that again, I Don't want to take too much of your guys's time I Wanted to have some fun with you guys, just break down a couple of stocks I Wanted to keep you guys up to date with you know where I Think the focus can be for this week for the overall Market Obviously it's no longer. It should no longer be the U.S debt deal because the U.S should no longer default as it's beneficially passed. it's signed by Biden.

But second, it's now in 10 days we have this up and coming interest rate hike, pause or cuts. And how is the market going to forecast What the Federal Reserve is going to do in a forecast doesn't mean it's what's going to happen, it just means this is what the market thinks is going to happen. And is that going to be a good Market reaction or bad Market reaction? So only time will tell, but we'll make sure that we keep you guys up to date. So again, if you guys have any questions, feel free to message me either via Instagram or via Discord and all of that is linked in the description I Want to remind you it's our biggest sell and it's the last time to enter? There's literally three hours left.

You'll get 20 000 entries. It's the second link in the description down below. It's 175 off one time payment lifetime access Twenty thousand entries for the GTR giveaway and it's the second link in the description down below to join Lpp 2.0 The second way there goes less than three hours left. The second way to enter the GTR giveaway is you head on over to Shoptechbutts.com or the fourth Link in the description down below and every one dollar that you spend equals 20 automatic entries.

It is the final day to enter the final hours. So the crazy part about this is Imagine Owning a GTR and never having to make a car payment. It's gonna happen like it's not like, oh, someone might not want, no, Like we have a sweepstakes company for a reason. Someone's gonna walk away with a GTR this GTR or 50k cash and there's a 100 chance it will not be you if you don't enter.

So if you do want to enter and you like some of the stuff that we have at shoptype budget, if you wanted to join our team, then again, it's the second or fourth Link in the description down below I Really do appreciate you guys's time. Hope that weren't a thumbs up. Please consider subscribing And like always, let's make sure that we end the year on a green note. Take it as your team.