Stocks fell on Friday as Wall Street’s summer rally appeared to falter and all the major averages headed toward a week of losses.Stocks tumble, S&P 500 on pace to break 4-week win streak.
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#inflation #cpireport #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.

By Stock Chat

where the coffee is hot and so is the chat

32 thoughts on “This caused the market to crash…”
  1. Avataaar/Circle Created with python_avatars Bernie Garcia says:

    < first got into BTC back in 2016 and have been hodling/buying assets at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy the dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 11` btc with 3.1btc in just 5weeks from day trading with Expert MR. Leon Calvin Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second You can reach Mr. Leon Calvin on ͲeIєɠɾαm @ leoncalvintrade. Cheers thank me later.

  2. Avataaar/Circle Created with python_avatars Eyeroc says:

    Did he mention trillions of dollars of options expiring?

  3. Avataaar/Circle Created with python_avatars Adelaide Danner says:

    Alles, was Sie brauchen, um mit Kryptowährung einen guten Gewinn zu erzielen, ist ein professioneller Händler, der in Ihrem Namen handelt, sonst könnten Sie am Ende verlieren

  4. Avataaar/Circle Created with python_avatars Tomas lina says:

    Schönes Video, bitte, was ist der beste Weg, um Kryptowährungsinvestitionen zu starten und gute Gewinne zu erzielen. Ich recherchiere jetzt schon eine Weile und weiß immer noch nicht, wo ich anfangen soll…

  5. Avataaar/Circle Created with python_avatars Mo says:

    It seems to me that in the short term, low float IPOs are the new Short Squeezes. That’s where all the hype is right now 💯

    HKD, MELG – I missed those, but saw where the hype was and got in early on GCT yesterday. Up 212% after I scaled out my original investment.

    My next IPO plays are STBX on 8-23 (most hype), MOB on 8-24 and PXMD on 8-25.

    In a perfect world, I’ll roll profits from one right into the next.

    Take it or leave it, I’m just a guy trying to make people aware who are still trying to ride the shirt squeeze train. Low float IPOs aren’t risk free, but there’s a lot less of them to choose from them all the short squeeze targets.

    That’s a bunch of info you didn’t ask for, but I hope that it will help at least some of you ✊🏽

    IPOs ftw 💯

  6. Avataaar/Circle Created with python_avatars de pe says:

    Great point, i didnt know that i could short bbby, i thought that was restricted. I did cash out when it was at 24.00, and you are right on the money that it did give me confidence to hold my shares cause Ryan Cohen had stepped up to the plate from March, then that caused a squeeze in the shares and i sold half of them cause Ryan Cohen couldn't help that company, after it was announced that he would sell his whole position, its like he knew more than anyone else, that something is wrong, he had knowledge of insider stuff since he had appointed 3 directors, that should be illegal for him to sell his whole stake like that. Maybe he had bought in hopes of creating a meme thing and then sold cause he knew the retailer was done compared to Target and Walmart which i never go to. Your right on the money with your thoughts Ricky. thanks Dimitri

  7. Avataaar/Circle Created with python_avatars Ian says:

    With how the market is and in the future doing. I am switching to trading in and out of Put Options.

  8. Avataaar/Circle Created with python_avatars CUZC0M says:

    bro im buying the dip on bbby its going to go back to 40

  9. Avataaar/Circle Created with python_avatars Geo says:

    Bought 50 share of TSLA at 919 went on vacation and now negative… I turned a swing trade into a longer trade lol

  10. Avataaar/Circle Created with python_avatars Contact 👉 Maskoffweb,com 👈 says:

    All thanks to Maskoffweb on YouTube I just got $7,000 from my flip cash thanks you

  11. Avataaar/Circle Created with python_avatars Anh Truong says:

    Can I come hang out and have lunch with you one day?

  12. Avataaar/Circle Created with python_avatars Coffin Element says:

    Why is the thumbnail green when the market crashes?

  13. Avataaar/Circle Created with python_avatars Marian Parker says:

    My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.

  14. Avataaar/Circle Created with python_avatars Arman Temiz says:

    do you think stocks will fall on monday again?

  15. Avataaar/Circle Created with python_avatars Prairie Bilton says:

    I've been getting better and better. Thank you Ricky!! I would have been down 6% today but I'm only down 1.5% which is still a win to me since I was able to get more shares in my position . Thanks again Ricky!

  16. Avataaar/Circle Created with python_avatars 216trixie says:

    I've been waiting for the pullback.

  17. Avataaar/Circle Created with python_avatars Dave W says:

    I LOVE the pullback!! made a killing today on call options on SQQQ, FAZ, JDST, SPXS, check them out!

  18. Avataaar/Circle Created with python_avatars Andy Smith says:

    What if you can’t Short?

  19. Avataaar/Circle Created with python_avatars WallStreetAssassins _ says:

    Great video 🔥🔥🔥

  20. Avataaar/Circle Created with python_avatars Maxthomas521@gmail, Telegram - Expertmaxx says:

    <I earn (over 15k) through crypto investment with the assistance and guidance of my advisor Max… Bitcoin still pays."

  21. Avataaar/Circle Created with python_avatars Andreas Tyreng Tryggeseth says:

    PPI or CPI’s aren’t leading indicators. Stop it.

  22. Avataaar/Circle Created with python_avatars Jaime Verduzco says:

    Gct made up for bbby 😁💥🚀🤌🤝😎🥇💨🍗🍗🍗🍗🍗😁

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

    It's because I just bought

  24. Avataaar/Circle Created with python_avatars Steven M says:

    I’m a super newb tiny $400 account guy. Watch you channel a fair amount. I sold some TQQQ Thursday night to buy a 8/26 10.50 put option on bbby. Figured I don’t mind potentially burning 80. Sold the option this morning for 210 so 130 profit. Then I locked in some small gains on sqqq and shifted that to tqqq to lower my cost basis there and bought an 8 dollar put on bbby for 9/2 for $90. Oh and also bought into TSLL at 25.34 for 10 shares. Part of me was like should I hold onto that first put and hope it bbby drops next week to 5-8? But decided better to lock it in now.

  25. Avataaar/Circle Created with python_avatars Rory Coles says:

    SPY- RSI (5), MFI (5) CCI (5,10,20), Slow Sto, All overbought. Going into a market where we are testing 200 Day MA, 61.8% fibonacci retracement, top of the bullinger band, downward trend, and 50 week MA. The above happened twice, one in 2008 before everything crashed, and again in 2000. This is why its like those times.

    Not to mention we are going into a market where fed increases by 30b September 1st balance sheet selling, and September one of the worst time for markets & elections. Not to mention AAPL approaching key resistance levels and holds 7% SPY. We simply cannot go onto make new highs now.

  26. Avataaar/Circle Created with python_avatars Crackhead Illuminati says:

    Bond market started the crash

  27. Avataaar/Circle Created with python_avatars Dulce Dominguez says:

    Jack Freeman made $110 million good foe him.

  28. Avataaar/Circle Created with python_avatars ☠ᗗƁØØƊ☠ says:

    the difference between europe and the US cpi/ppi is energy and the situation we got going on. its going much better for the US

  29. Avataaar/Circle Created with python_avatars fivan says:

    Finally we get a pullback. Important reminder to stay in cash during times of uncertainty

  30. Avataaar/Circle Created with python_avatars Mark Sullivan says:

    Stop with the dramatics the Market isn't crashing. I thought I was looking at a Meet Kevin vid..

  31. Avataaar/Circle Created with python_avatars S.T. says:

    Are you able to turn up your volume? It can be difficult to hear you.

  32. Avataaar/Circle Created with python_avatars S Isid Desi says:

    Did you study economics or just born a genius? ha ha

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