Hey, what's going on team quick market update, so overall nasdaq market fell a little bit over one percent. It wasn't too bad of a day uh, but one of the things that was very easy to see, especially during the entire pre-market session, was how consistently bearish it's a lot easier to see it's kind of hard to see on the one minute time frame - and this Is a question that i feel like a lot of people kind of like uh struggle with uh, because direction isn't super clear when you're looking at every minute of every candle of the day uh. So if you guys ever take a step back five minute time frame, you guys can begin to see direction. To be a little bit more clear.

We can see that the overall market was trading below the moving average. No trades were taking today. Just didn't make sense. My criteria just wasn't there uh, especially after the bloodbath yesterday, um uh, i was very eager to um, or i would i would say i wasn't as eager to take a position today, uh because of how things played out yesterday, one of the things that i did Quickly want to talk about is uh.

The april report uh was released today, uh for the job reports and it looks like 428 000 jobs were added uh. This does look like progress, but one of the concerns with the feds raising interest rates um is: can businesses continue, uh to add and create jobs at the same rate that they have been and trying to recover them uh, knowing that interest rates are going up so Making it more expensive for business to simply be in business right um. I think that's one of the things that got factored into the market. It's not just the report itself, but the overall outlook for the up and coming future just make sure you take that into consideration, as that is one of the concerns, as we do begin to raise interest rates, that that doesn't mean that it's just more expensive for People like you and i, but for people that have their business, obviously rates are going to be much more expensive, less affordable for them, and then that gets factored in into of course, uh not just the the cost of goods, but as well as the uh way That jobs or the rate that jobs are being actually created.

I'm very grateful that i did end up. Holding back um and tqhiku was one of them that sold 3.5 percent off on the day, but other stocks either like amazon 1.4, not too shabby for amazon, and then we got apple that actually ended in the green. So this is what i personally really like to pay attention to is that you know now we have those good quality. Companies are looking that they're finally beginning to establish their support level right.

This is not necessarily something that's of interest, maybe for day traders, but when it comes down to investors apple, if i'm not mistaken, offers nearly 17 roi if it were to recover to previous highs or right. Around 16, we got amazon with over 50 percent based off of current price levels and previous highs, so over 66 percent um and again these are uh trillion dollar companies right. These aren't pump and dumps these aren't lower cap stocks. These are companies that, in my opinion, aren't going anywhere and as of right now, still very oversold, still not indicating signs of a reversal but again finally, beginning to at least slow down at the rate that they're actually beginning to sell off.

So this is actually a conversation that i wanted to ask you guys i'm thinking next week, once i get back from my trip, i wanted to host an in-person session at the hq, so for all of our learn plan profit members. We hosted one last week and we talked about position size and then planning out our swing trades uh. Now i wanted to talk a little bit more about the criteria of when it makes sense to trade and when it doesn't right, because i feel like a lot of people, maybe could have saved money as the market was just aggressively selling off and instead of just Trying to force a trade - i don't know if this is a mistake that you guys make often, instead of trying to force a trade every day, making sure that every day that you do choose to take a trade that at least meets your criteria and creating your Own criteria, checklist uh - we don't want anything crazy. We were thinking about having 10 people over at the hq having this in person, training for about 30 minutes to an hour, and yes, it's going to be free if you're part of learn plan profit.

So let me know what you guys think about that would love to host that, maybe on monday or tuesday of next week uh. If that works, for you guys and you guys happen to be in arizona, then hopefully we could see you guys at the hq. But again, if you guys have any questions, you guys can message me either down below in the comments section or we do have our free discord group, which is that first link in the description um, if you guys, are ready to join our lpp team. That's gon na be that second link down below hope that energy thumbs up please consider subscribing like always want to make sure that we in the year on green now take it into team.