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Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
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Hey, what's going on Team: it's Ricky with tackled Solutions Hope that you're all having an amazing Tuesday Quick little market update for you. So the NASDAQ Market has been making higher highs and higher lows? uh based off of uh, the news of what's expected for tomorrow. For those that are unaware tomorrow which is going to be Wednesday the day before Thanksgiving there's a Federal Reserve Fomc minutes report so this is where we're going to see the Federal Reserve Talk about the previous interest rate hike and expectations. Hopefully for the next one now it is expected. Now you know, might you might be asking? why is the market so bullish? I mean literally. uh, if you look at this on the five minute time frame I Was working with my Lpp team today and under the trade ideas section, it was very easy to see that we were making higher highs and higher lows and I kept them up to date with. you know, Um, Well, as the market continued to indicate signs of an option, there it goes. Tqq just hit highs of four percent on the dam up 14 700. I've reduced um and really sold pretty much 99 of my position. I only have 1700 shares left, which is about thirty eight thousand dollars. Uh, my, my day was not perfect by any means. but because the market uh, became so oversold and then we saw that huge recovery potential I mean that was nearly a six percent move alone for Tqq today. If you're able to catch it right, Um, and I mean it was just an amazing day For Tiki, it was kind of a slow day I Don't know if you guys would agree with him, but on the five minute time frame, it was very clear to see that we're holding above the moving average. We're holding above the EMA line and every time that we pulled on back, it was retesting. It would make new highs pull on back, consolidate, make new highs, pull on back retest, and making highs I mean this is as perfect of a textbook setup as it gets. and I'm actually going to do it right here for the video for you guys. But again, uh, I have to keep my one lucky share. So um, why is the market going up? Um, again, the Federal Reserve is expected to potentially pivot. Uh, for the next interest rate hike that will be in the month of December Now, what exactly does that mean I mean that sounds like a little complicated, right? What does it mean by pivot? Um, it's very simple. It just means that the Federal Reserve plans to be less aggressive with future interest rate X And that's kind of what we're looking out for for tomorrow. So I wanted to play it safe I don't want to have a very heavy position leading up to that Fomc minutes. meaning I'll make sure that I keep you guys up to date on my Instagram and on my YouTube channel. All you have to do is make sure that you subscribe. I I Was thinking of hosting a live stream, but I know that tomorrow you know a lot of you guys might be with family already. So if you would like me to host that live stream, all we literally ask you to do is drop a thumbs up. Get this video to over 1500 likes and I'd be more than happy to host that live stream tomorrow. So again, it looks like my computer is about to die. but I did also want to remind you that we are hosting a giveaway. We're giving away 6 500 cash. All you have to do is sign up for Learn Plan Profit 2.0 in between November 14th and November 28th. That is all you get automatically entered. If you want to learn more about it, click the second link down below, learn more about it and see if our Learn Plan Profit Group is a good fit for you. And for a chance to win 6 500, there's going to be a total of three winners starting at a thousand dollars and ending at thirty five hundred dollars for the grand prize. Again, if you want to learn more about that giveaway, that is that second link in the description. Appreciate your time. If you have any questions, send me a direct message via Discord and that's that. um, first link in the description. and don't forget to follow me on Instagram which is the third link down below. Appreciate your time like always. Let's make sure that we're in the year on our green team.

By Stock Chat

where the coffee is hot and so is the chat

28 thoughts on “new fomc fed minutes meeting tomorrow…”
  1. Avataaar/Circle Created with python_avatars xavier102772 says:

    Let me get this straight. You said you were sold 99% of your TQQQ position and had 1750 left. So you bought ~$3,638,250 in TQQQ stock? That's doesn't make any sense. You sure you didn't mean you sold 90% of your position? Even that is a huge position size.

  2. Avataaar/Circle Created with python_avatars RC BIKELIFE says:

    👍👍👍

  3. Avataaar/Circle Created with python_avatars Fernando Roman says:

    Love stram

  4. Avataaar/Circle Created with python_avatars Brews Ki says:

    Rally on a Low low volume on SPY is frightening

  5. Avataaar/Circle Created with python_avatars MultiLakerfan1 says:

    Overpriced ass course smh

  6. Avataaar/Circle Created with python_avatars TedLivinLife says:

    Ricky what time is the FOMC meeting in PST I didn’t hear 👂 you say it today!

  7. Avataaar/Circle Created with python_avatars Juan Narez says:

    What time is the meeting

  8. Avataaar/Circle Created with python_avatars L says:

    What time is the meeting? Premarket?

  9. Avataaar/Circle Created with python_avatars samy1987josaob says:

    at what time the meeting tomorrow ?

  10. Avataaar/Circle Created with python_avatars Life Time says:

    Thanks, Ricky.

  11. Avataaar/Circle Created with python_avatars Hola! Tennessee jasonrush says:

    👍

  12. Avataaar/Circle Created with python_avatars the lonely wonderer says:

    What time is the meeting

  13. Avataaar/Circle Created with python_avatars steve alvarado says:

    AGAIN, THE UPDATES DURING THE DAY AS IM WORKING REALLY HELP. THANK YOU VERY MUCH.

  14. Avataaar/Circle Created with python_avatars CoRaZoN says:

    live stream pleaaase ❤️❤️

  15. Avataaar/Circle Created with python_avatars bigsidable says:

    Market not bullish. It’s bottom feeding. I’m seeing good stocks sold. And trash stocks being brought. The Russel 2000 did not join this rally. Cause it’s more about FLIGHT. THEN FIGHT THE FED. SEE YOUR EVEN PLAYING IT SAFE.

  16. Avataaar/Circle Created with python_avatars The Thomas Family! says:

    Dang I should have waited until now to sign up for LPP😂

  17. Avataaar/Circle Created with python_avatars The Thomas Family! says:

    👍

  18. Avataaar/Circle Created with python_avatars James Ortiz says:

    I can't find anything on the Feds website about a meeting tomorrow

  19. Avataaar/Circle Created with python_avatars CompleteChaos2 says:

    Does anyone know where he bought into TQQQ today? What times, quantities, and prices?

  20. Avataaar/Circle Created with python_avatars Art Deininger says:

    Live stream 👍

  21. Avataaar/Circle Created with python_avatars All We Do is Twin! says:

    Thank you

  22. Avataaar/Circle Created with python_avatars Hey says:

    Thank you for keeping us up to date Ricky. Have a happy Thanksgiving!

  23. Avataaar/Circle Created with python_avatars jason hoff says:

    LIVE STREAM TOMORROW PLEASEEE

  24. Avataaar/Circle Created with python_avatars Hola! Imforealz says:

    75 points. Rule number one: do not fight the Fed. Gonna be a lot of pies served tomorrow

  25. Avataaar/Circle Created with python_avatars Donny Kinnaman says:

    Thanks for the update brotha

  26. Avataaar/Circle Created with python_avatars Bill Kuehne says:

    Thumbs up

  27. Avataaar/Circle Created with python_avatars CUTON1C says:

    Appreciate the update!

  28. Avataaar/Circle Created with python_avatars The Demagio says:

    I’m fully invested after the drop which is fine. I get paid next Wednesday. Account at 2k. Let’s go 2023. Recovery or depression?

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