Hey what's going on team, one of the first things that i want to say in this video is that tqq as of right now, although it's in the green to the overall nasdaq market, is on the green nasdaq, has a big focus on tech as of right. Now, ever since the market hasn't opened, it doesn't matter that the stock or the actual etf or the market is in the green. It's not making higher highs again, asking yourself when is it worth trading day trading swing trading? Investing when the direction is in your favor? When there's clear direction as of right now, look at it ever since the market opened we're selling off or pushing up selling off we're, not making higher highs, we're not indicating signs of an option, we're trading below the moving average, even on the five minute time frame. We are not showing signs of growth; it doesn't mean that we can't it just doesn't mean it.

It means that we are not as of right now so when asking yourself, if you're trying to be more selective, if you're, trying to approach 2022 with a different mentality trade when it makes sense not just because you can't and as of right now, the market's choppy. The market direction is inconsistent so because of that, i am choosing instead of buying the dip averaging up whatever the case might be, it's just not worth it right now. It is not worth the risk every time that you open a position you're opening yourself to the risk of the market. One of the things that i want to talk about is paypal.

I'm going to talk about a couple different stocks that are reporting earnings, paypal reported earnings. Yesterday it dropped 20 and then, as the market opened, it dropped an additional four or five percent right now, it's down 25 percent, but this didn't come out of nowhere. This wasn't out of left field. I can't stress this enough right.

Everyone loves to ask, especially if you're, an absolute beginner of you know ricky. Why do you say that we shouldn't buy the dip? Because no one knows where the bottom is. The cheap can always get cheaper and paypal is a perfect example of this look at this. It was previously bullish.

It was previously making higher highs higher lows. It was very attractive. It peaked at 310 and ever since it broke below that and broke below the moving average, it's been making lower highs and lower lows. It was cheap.

Last month it was cheap the month before that it was cheap the month before that, month after month, it's been making lower lows and lower highs again, cheap means nothing, that's not a reason to buy that's a reason to pay attention to a stock. That's a reason to add it to your watch list. That's a reason to set alerts on it. It doesn't mean that you go all in and cross your fingers when it's been bearish for the past.

What six months? It's it's not out of left field that it's selling off you shouldn't be surprised. The cheap can always get cheaper and allow paypal to be something that you know showcases that to you. One of the things that i quickly want to talk about is on the weeble platform. You can see the different stocks that report earnings today.

Facebook is a stock that reports earnings today, it's a big tech stock, one of the biggest ones out there reports earnings today. After market hours, i want to make you guys aware, as a lot of you guys are, might might be invested in it. It's been performing really well. It was previously with its support level right around 290.

It pushed up to the moving average. It tends to have a resistance level right around this 350 resistance level. You can see it gets rejected. It gets rejected just based off of previous resistance levels.

This is something to pay attention to and and to see with this big tech stock and to see how we can shift the market. Facebook has a large enough market cap that, if it shoots up or if it gaps down, it could influence the overall tech market. So please take that into consideration. There's a big list, spotify reports, earnings today as well and again i wouldn't be surprised if this thing continues to dip, as it's also been bearish.

One thing that i also want to - let you guys know, is that tomorrow, the big tech stock that i'm paying attention to is amazon. They report earnings after market close, so not right before market open aftermarket, close snapchat, ford, activision, gopro nokia. All of these big tech report earnings tomorrow and today this is a really big week for tech. This is why you're going to see a lot of inconsistencies, so, when you're asking why it's not just interest rates anymore, it's not just inflation rates.

It's not just the talk about war right, but also tech earnings. This does influence the overall tech market, the tech niche, the nasdaq market. So please understand why the market is moving and just because something is cheap doesn't mean that you should buy it. The steps that i would take and again it's just from my experience if you think that something is cheap, if you like the price of something, add it to your watch, list, formulate a game plan and then once and if it begins to indicate signs of a Support or indicate signs of a recovery, an uptrend, then you can decide to take action by first setting proper alerts, so you can properly follow up with it.

It's the simple steps that you take now that can benefit your future self. I really do appreciate you guys time um. One of the things that i did want to, let you guys know is that we are giving away a custom pc if you guys want to use it for gaming, if you guys want to use it for trading and 1 000 cash on shoptechbuds.com, it's as simple As every one dollar you spend is five automatic entries and we're giving away this custom pc by the end of the month, it's a digital storm pc, look into it absolutely amazing and a thousand dollars cash. So if you buy something like a mouse pad, if you buy something like a wall street hoodie again, everything should have.

Even if you buy something like a flag, it will show you how many automatic entries you would actually get so by clicking on this little flag. Right now, uh one thing that you can check out is you can see that this will earn you 100 automatic entries just by purchasing a really cool hustle flag so again, head on over to shoptechbuds.com, that's going to be the third link down below for the reminder. If you guys want to connect and join our free trading discord group, that's going to be that first link in the description. I really do appreciate you guys time.

If you guys have any questions, feel free to message me via discord. I would love to have you guys join one of our live trading sessions but again join our free discord. Send me a message and we'll see if you guys can join us. Like always, i hope that earned your thumbs up.

Please consider subscribing and like always, let's make sure that we in the year on agree now take it easy team.