Why is the stock market rising today? Fed meeting today at 2pm. FOMC MEETING! Snap plunges more than 25% after CEO warns company will miss revenue and earnings estimates, slow hiring. Why is the stock market dropping after hours? Snapchat just reported bad guidance for q2! Inflation decelerates slightly from 40-year high as CPI rises 8.3% in April. Aprilโ€™s consumer price index report expected to show inflation has already peaked. How to read a cpi report and when will it be released?
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First off, please excuse my hair. Our newborn was not sleeping last night and it was just a long night, but all together, i'm very grateful for how today played out i'm going to provide you guys with a quick little market update. I really hope that you learned something new and, if you feel like you um, if you feel like we earned it, i hope that you can consider dropping a thumbs up. So one of the first things that i want to talk about is during today's live trading session.

With the learn plan, profit group uh, we absolutely killed it. Market direction was in our favor. I started off not very aggressive, but as it continued to show signs of higher highs and higher lows, i began to step on the gas a little bit more aggressively, i'm up fifteen thousand dollars on the day. This is after yesterday's twenty one thousand dollar day and again the market has been green.

One of the things that you guys should know is that, just because i'm in something never means that you should take that same trade as well, and i actually want to share something with you. Unlike other people, all they do. Is they talk about the great thing about the stocks that they're invested in, although i do and will continue to hold tqqq i'm not going to hold 13 000 shares. I'm gon na hold five to six thousand shares overnight, but that doesn't mean that you have to and the reason i'm sharing this with.

You is trust me. I want tkq to continue to make higher highs and higher lows, and i wanted to continue to indicate signs of an uptrend. But my job with my learn plan, profit group and my job with you guys on youtube, is to make you aware of not just all of the good and the potential that it has, but also some of the bad right. I want you to be aware of the risk involved since april we've been getting rejected by this moving average.

You can see that every time that it tries to get close, it gets rejected, tries to get close. It gets rejected, touches it, but gets rejected, touches it but gets rejected. We are, we are at the ema at the moving average. This is a great indication of hey.

Is this an early sign of a reversal or hey? Are we just about to get rejected once again, like all of april and like all of may, my job is just to make you aware of previous resistance levels. If you want to continue to hold then hold. If you want to reduce your position size to play it safe, then reduce if you want to average up, because now we're trading above then average up. My job is just to make you aware of not just all the good, but also some of the bad right.

It looks like this bullish sentiment really followed after the fed minutes. We live streamed the fed minutes yesterday and we absolutely killed it. I just hit 16 000 on the day um and i'm very grateful for it. I'm actually going to reduce a portion of my position.

Size right on over here i'll reduce 2 750 shares. Let's go ahead and get this bad boy ready, yep approaching previous highs. My job is to lock in profits there we go reducing position, size back to 11, 000 shares and the more that it continues to rally i'll i'll, slowly load off on tqqq. I can't stress this enough.
If the past five months have taught us anything right. Is that the market is bearish for the past five months, it's been selling off. This is not a time to be super confident. This is not a time to be scared, but this is definitely not a time to be greedy or super confident in the point where it doesn't make sense.

Please all we ever ask you to do is prepare for worst case scenario. Everything is going good now, but what if it begins to pull back just like it has for all of april and all of may think of worst case scenario, think about your position, size and what you can tolerate right. We have this sand within our learn plan. Profit group and it's on my green days i prepare for my red days and on my red days i prepare for my green days.

I think it's a great quote that keeps you very level-headed other than that. I just hit 17 000 on the day other than that i did want to. Let you guys know that tomorrow on youtube, i am going to be hosting a free live trading session. You don't have to do anything special.

I will be going live tomorrow at market open if you guys would like to join just subscribe to the channel and turn on your post notifications literally. That's it i'm not going to ask you to subscribe or give me your email. We've tried that before. If you want to join subscribe, turn on your post notifications tomorrow at market open, we'll see you there right um.

This is something that we tend to do once a month. You guys killed it yesterday, uh with that little live stream that we hosted. You guys really asked me for that free live trading session, and i would be more than happy to make it happen so again. I hope that i earned your thumbs up in this video.

I hope to see you guys tomorrow make sure that you guys subscribe friendly reminder um it's unfortunate, but my instagram account got hacked once again. I continue to get targeted by these fake imperson impersonating accounts. They continue to take my account down down in the description. You will see that i am going to plug in instagram.

That's our tech buds solutions, instagram, that is my only tech buds instagram. I have one ricky account that right now is disabled and one tech buds instagram, all the other ones are fake. We never message you first, we never ask you for money. I have no crypto fund.

I have no forex fun. I don't have any whatsapp. I don't ever message you first, if any account impersonating me on youtube on email on twitter, on facebook, on instagram ever messages you asking for money or that they will trade for you, it is completely bs. The only thing that i offer is my learn plan.

Profit group - that is all that's the second link down below if you want to join, if you don't want to join, i'm not going to convince you right, i'm not going to shove it down your throat. I show up here every day i trade with them every day and i work with them every day. That's what i offer everything else is bs. I don't offer anything else.
Please please please be aware of that. I want you to be aware of this, so you don't get taken advantage of eighteen thousand dollars on the day, looks like we're working towards another 20 000 day and again, i'm very grateful for it uh. So i'm going to get ready to reduce my position size once again. So again, all my updates will be posted on the tech, but solutions instagram.

If you guys want to join my free discord, that's that first link down below, if you guys want to join my learn, plan profit group, that's that second link down below. I appreciate you guys this time hope and wish you guys nothing about the best. I will see you guys tomorrow for our live training session and, like always, let's make sure that we in the year on our green now. Thank you.


By Stock Chat

where the coffee is hot and so is the chat

12 thoughts on “resistance-level why is the stock market rising?”
  1. Avataaar/Circle Created with python_avatars Mark Lasky says:

    Thanks for making us "aware"

  2. Avataaar/Circle Created with python_avatars DiscreetBtm xxx says:

    Is the mkt going to sell off b4 the long weekend?

  3. Avataaar/Circle Created with python_avatars Investing, swing trading, day trading says:

    You should see what my hair looks like. No apologies required! If your baby cries after eating, she may need different formula. Gentle for her tummy.

  4. Avataaar/Circle Created with python_avatars JayyySavage6 says:

    Canโ€™t wait ๐ŸŒ ๐Ÿ’ฏ

  5. Avataaar/Circle Created with python_avatars 100 says:

    Nice trade Ricky ๐Ÿ™

  6. Avataaar/Circle Created with python_avatars Gil says:

    Ricky I wonder if there is a way to get back at those hackers, a way to detect where it is coming from, might be worth asking an IT guy or another hacker.

  7. Avataaar/Circle Created with python_avatars Pauline Vanderbilt says:

    So far, you are the most accurate one. I wish I was watching you 2 months ago. I would not loose 600K.

  8. Avataaar/Circle Created with python_avatars Guillermo Muรฑoz says:

    How long is gonna last the live streaming?

  9. Avataaar/Circle Created with python_avatars V Jay says:

    Thanks for the info

  10. Avataaar/Circle Created with python_avatars Ethan Satkowski says:

    Up on $TQQQ today๐Ÿ’ช๐Ÿป Knew it was going to be a big day for Baba as well.

  11. Avataaar/Circle Created with python_avatars Jesus Servin says:

    Dogecoin is still down sadly

  12. Avataaar/Circle Created with python_avatars AMP_GAMING89 says:

    VGFC squeeze

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