Hey, what's going on Team? It's Ricky with learn, Plan profit. Hope that you guys are all having a great start um or an amazing Sunday Uh, it's 8:13 p.m. uh I Do apologize for going live a little bit late, but in this live stream uh, we're going to be breaking down the top five stocks that are set to report earnings this week. So um, there's really not much of an update.

I Just wanted to quickly cover this so this video is going to be very, very quick. I'm going to provide you with a full list of different stocks that are set to report earnings this week. Um, and then from that point Um, I'm really just trying to see what happens with the market. Um, you know we're coming off of big Tech such as Apple Amazon Google Microsoft Um, already reported earnings.

Meta was one of the biggest winners and that was last week it gapped up 20% But now my question is, is the market so overbought that it's bound to pull on back? Or are we going to continue to go higher for longer? That's kind of what I'm trying to figure out right now. I Don't know if you guys have been feeling the same way like myself, but it's like it's kind of less encouraging to go long on positions when everything is at 52, we highs when everything is at all-time highs. The question that I just continue to ask myself is okay. Well, what is the upside potential versus the downside risk, right? Because if things begin to turn around and things begin to drop, we obviously have huge downside potential and that's just something that again I don't see to be the most encouraging.

Very, very quick. Again, The biggest ones that stand out is tomorrow. Monday Right when the Uh before the Market opens, we have McDonald's that is going to be reporting earnings. same thing with Caterpillar.

then after the market closes, this is a big one that some of you guys have been paying attention to. This is Palente here if I'm not mistaken. this is Peter Teal's company Pltr, which has been relatively doing relatively pretty decent lately. We'll see how it reports after the market closes on Monday uh on Tuesday we have Spotify that's going to be reporting earnings before Market opens and then we have Snapchat that is going to be reported earnings after the market closes.

We also have Chipotle and Ford an end phase but again Snapchat just a little bit of a larger company when it comes down to market cap valuation. Wednesday Alibaba Uber CVS all reporting before the Market opens and then after the market closes we have PayPal Disney and then arm when also is one that's quite popular. If you know, um about its stock performance, then Thursday after the market closes we have a firm we have Pinterest and other than that, there's not much that stands out to me. Uh, it's not a very significant week again.

Last week was the really really big Earnings week for Big Tech which NASDAQ has a bigger focus on. Now you can see that. um, it's not so much big Tech or at least not the larger Big Sevens. Um, the big seven are considered the the top seven companies right that are publicly traded.

Uh, Tesla Being one of them, they've already reported earnings. Uh, they've already. uh, markets already got that factored in. Uh, the question that I'm really just trying to figure out is how much longer are we going to go higher, right? Uh, just because of how market conditions look like right now.

And Market's not even down very much during the extended hour. So if you guys weren't aware, you guys can look at Nasdaq futures right now. Nasdaq Futures are down a little bit over a quarter of a percent. Not very significant.

Um, and when looking at the market, we're kind of testing previous highs. We just made, uh, new highs on on Friday of last week and I mean what was that biggest move will be Lily Okay, yeah, if if that's what you think, uh, we'll have to look a little bit more into it. but um, there's just I I Don't see much excitement, um, going on with this week. The thing that I'm actually quite interested in actually actually now looking at it, is Spirit Airlines.

A lot of you guys know that Spirit Airlines has not been performing the best because of um, the US government stepping in. and I think they blocked Jet Blue Uh, who was going to acquire Spirit Airlines So it' actually be quite interesting to see how Spear Airlines reports earnings and how the stock reacts even with all of that unfortunate news coming out with it. Um, so what do you think about Meta? this? I'm excited because I mean even with something like Met, like if you were to ask me what are the top stocks that I'm going to be paying attention to for me, it has to be Meta Meta had an unbelievable and it earned it right. Meta had an unbelievable performance on Friday and that's because it reported earnings after the market closed on Thursday right? Thursday Meta gapped up and traded sideways for a little bit, and then it rallied for the greater part of Friday.

It peaked at highs of 485 almost 486 and then began to retrace itself. It looks like it was kind of kind of following the NASDAQ Market. It kind of lost its hype, right? anytime anything pushes 20 25% within a given day. First off, that's amazing.

It's not very common, right? especially not for a trillion doll company now. Uh, which Meta is now one of them? Uh, Meta sits at a market cap of 1.22 trillion. But now, the question that I'm really beginning to ask myself is: is Meta overbought enough that it can correct itself Or is the news of its earnings and of it paying dividends still so relevant that it's going to continue to go higher for longer? Meta is one of the most important ones that I'm paying attention to this week because if we do begin to sell off I would love to re-enter a short position just making a few bucks as it potentially corrects itself. Maybe down to you know, 440, 450? Whatever the case might be, if we see more selling pressure with the NASDAQ market and the NASDAQ Market begins to truly correct itself, who knows? could it drop all the way back down to 400? it's going to be something that we have to, you know, um, take day by day.

Uh, when it comes down to the schedule for the Federal Reserve I'm looking at the overall schedule from the start of this week, it looks like there is going to be a speech uh, from Governor Adriana that's going to be at 11:00 a.m. Eastern time on Wednesday Other than that, um, I don't see anything too significant being released this week. Obviously, there's a series of earning reports that get released on a daily basis. That's something that we'll be covering during our live trading session tomorrow.

But yeah, I mean because this is like the final. Other than that, like this week being one of the last important earning weeks in my opinion. Um, I Want to see how the market begins to trade, what the market sentiment is? Are we going to continue to run up? Are we going to actually correct ourselves? back down to 418? I Just again? I I Don't want to jump the gun and enter a position to go long when markets are already so overbought and potentially due for a pullback. and then we have all the news of what's going on in China and how that can influence our overall markets.

Uh, we can talk about it a little bit more in detail. Uh, in tomorrow's live trading session just to see how the market actually trades. But this week is going to be a true challenge in the sense that I don't expect it to be a very volatile week? Um, I Just hope that direction is clear and I think that's going to be my biggest Focus for this week is making sure that whatever trade I choose to take, that direction is super super clear. And and what do I mean by that? Well, if Market opens and NASDAQ just continues to trade sideways, so it holds around 427 430, there's no reason for me to force a trade with that.

But if NASDAQ breaks above 430 and begins to show signs of progress, then again, Market's bullish, I should just respect that. If market then begins to pull back, Market's bearish, I should just respect that. I Just want direction to be clear and something is telling me that Market's just going to be a little bit slower this week trying to decide what to do. The other one that I think is very exciting because of how oversold it is.

I mean the cheap can always get cheaper And we know that, especially with how uh, how much of a wild card Elon Musk can be. but Tesla's trading below $200 a share. You know if Elon Musk does move forward with continuing to develop Ai and Robotics Force Tesla you know it would be amazing to see this thing break above the EMA and begin to recover. Huge potential.

But let me tell you you this if the NASDAQ Market this is kind of the pickle. That kind of scares me about Tesla right now. I'm not too sure if you guys have taken this into consideration. Tesla has not been the best performing stock lately for the past month to month and a half.

A lot of selling pressure. NASDAQ Market has been performing very well. It's at all-time highs if the NASDAQ market and the S&P 500 Market begins to to pulled on back because rightfully so. After a nice rally it maybe begins to correct itself.

If these markets begin to correct themselves, what do you think is going to happen to Tesla Tesla's been correcting itself. And now if the selling pressure and the fear of the NASDAQ market and S&P 500 if it begins to follow and then gets factored into Tesla I would say that it's just not putting Tesla in the best position because of how over how strong and successful the overall markets are doing but Tesla is not. and then if anything changes for the overall NASDAQ or S&P 500 and we begin to see some selling pressure, then I just think that it's not going to be a surprise if we see Tesla trading at50 or at $100 a share if NASDAQ and S&P 500 begin to sell off. So I uh don't want to think about it to be honest.

Yeah, I mean it's just unfortunate right? because uh, it kind of seems like Elon Musk just has all investors I've I've had numerous conversations about this uh with a lot of people and it's just like it's very unfortunate mean I Love Elon I'm one of the biggest Elon Musk Fanboys uh that there is. um, but he's kind of just doing his stock dirty right now. he's doing all of his investors dirty and I guess it just comes with the territory. But he wants what he wants and he's demanding it.

He wants at least 25% ownership of Tesla he currently has about 13% so nearly double. and he also wants more voting rights And he wants these demands. He's making these demands or potentially he's going to take his talents elsewhere when it comes down to the development of AI and Robotics. uh and this is instilling a lot of fear and uncertainty with Tesla because if he does do that, you have to think the Optimus robot was something that Elon must stated that would take tra uh Tesla to become the most valuable company that's publicly traded, that the demand for the Optimus robot is something that is not understood in today's world, but that will one day be what takes Tesla to be worth five6 trillion dollar making it the most valuable company that's publicly traded.

So yeah it it kind of just I I feel for big Tesla investors because of how like you're kind of just sitting on your hand right now you're like dude, come on, don't do as dirty right? Uh and especially if we begin to see some selling pressure with the NASDAQ Market Um, I think it's just going to be very important to be patient. Uh, the next few days, the next few weeks. Um, to not make impulsive decisions that you will end up regretting. Uh, there's other than Tesla there's not like crazy opportunities.

everything is very overbought. Everything is very bullish, but everything is very overextended. so it's It's not like you know, the end of 2022 when everything was super cheap and there was a bunch of good deals that you can throw money at anything and in the next few months it could potentially be worth a lot more. Right now, markets are very overextended, so I'm just trying to be a little bit more careful and a little bit more calculated with what I choose to go long on.

and this is why you've seen my sentiment with the with the market focusing a little bit more on shorting and it's just in preparation that if markets do begin to pull on back I don't get get caught on the wrong side of the overall. Market I'm obviously pretty early, right? cuz my markets are still doing very, very well. Uh, but I'm taking it day by day. There's no reason for me to enter a short position longterm when when markets are extremely bullish.

but um, yeah, um, I'm I'm hoping for the best when it comes down to Tesla. So let's see, I still own a lot of shares of Tesla 400 shares at 215. All right, so short. Amazon after that huge run up, Amazon's not my the the thing that I like to focus on and again, if you're part of my Lpp team, you know what I'm talking about.

uh I personally do not like to take more than one position at a time. um, it's already challenging enough and I'm not perfect. and if I get sidetracked or if I get distracted I don't know if that's ever happened to you, especially when I have a short position I view it to be more risky and I want all of my attention on that active trade and not you know, splitting my attention or my focus between two or three different trades that you know one can move very quickly while I'm distracted by the other. So if I want to put myself in an environment and in a position to succeed, I need to make sure that I'm at least for me because I get easily distracted.

uh I try to minimize my distractions and keep it simple with my focus and I see much more opportunity with shorting something like Meta. It is extremely overbought and extremely overextended due to its reaction from Thursday and Friday than something like Amazon where it could continue to hold its ground as it's not as overextended. So Tesla Q is Tesla shorts. That is correct.

All right, let's see. Jesus Christ Uh, can you please check Cozy? please? Yeah. I'll I'll um, break it down? Yeah, if you want me to break down your stock, just feel free to share it in that live chat. I Think you misspelled it because cozy is not a ticker so Hsy doesn't Hershey's report earnings this week, right? Yep, before the Market opens, it reports earnings.

Um, again, this is just me. Hershey's was a very bullish company. It became very oversold. This is going to be very exciting because it was something that was in my watch list.

As you can see here, but it has not been showing signs of progress. Now it's testing that same previous resistance, so now we'll see if it actually begins to indicate signs of recovery. This is almost a perfect example of the three stages of a reversal, right? if you're part of my Lpp group, you know exactly what I'm talking about. the rejection consolidation when it trades sideways and then we wait for Progress above a certain point confirmation.

So I'm actually really glad. Um, that you brought it up. So uh, EXC seted a followup I'm going to move my alert up here and I'll make sure that I pay attention to it and maybe make a video on it after it reports earnings on. Thursday I Don't like buying a stock before it reports earnings.

So for me, knowing that it reports earnings on Thursday um, it's just going to be a watch and not a buy. So I love the potential that it offers. but that's kind of where I stand right now. so you let me know what you think.

All right? Can you break down? Mara So Mara's going to be very similar to coin, right? Uh, Mara is a stock that was doing very well. Um, during that whole spot. Bitcoin ETF It had its run up from lows of $7 to highs of 31. And please, if you think that I'm wrong, feel free to share your opinion.

I'm just sharing mine. but I think that this was just a hype play I think it gained a lot of hype, a lot of attention, and at the end of it I Don't know if it was because of that fake tweet and that hack that happened, but it really lost its Steam and its relevance. Um, and ever since then we could see that it's been not as bullish and been showing signs of lower highs and lower lows. It's been struggling and it wouldn't really surprise me if it continues to struggle and retraces back closer to that $7 price point.

This is why you so often saw me be so willing. I was one of the only people on YouTube and I and I often find myself doing this when anything runs up like this and everyone on YouTube is encouraging every beginner to buy and to hold just like AMC And just like Gme I Come on in and I Talk about the risk of holding overhyped up stocks. It's a glorified pump and dump, right? I Talked about it when it was trading out 180 and then I began shorting it when it began to sell off. I didn't capture this entire Tire move down, but again, my job is just to make beginners aware of the risk during very overbought and overhyped plays.

and at the end of the day, if you end up choosing to hold knowing that risk, then that's on you. You're an adult. You can do whatever it is that you want. It's not my trade, it's not my money, but at least for myself I Feel like based off of my experience I can share with you whenever I See red flags like this of like okay this thing is running up just based off of that hype of the spot Bitcoin ETF And then it lost its steam.

It lost its Edge and ever since then it's been showing steady progress. On the downside, and to me that's a huge red flag. The more time that come, you know goes on for this uh The More Steam that it will possibly lose causing it to retrace closer to that $70 price point. So for me as of right now, it just doesn't make much sense Ricky that Lambo was sweet than thanks.

Uh, why is no one talking about Lily I I'll break it down so I can do two more breakdowns and then uh, we will call it a live stream. So yep. very bullish. Very consistent.

Wow. Um I wouldn't want to buy this right now I'm I'm glad that if you're already invested I can see why you're invested in this, right? It's very bullish, but for me, it makes no sense to buy it at all-time highs. The it doesn't meet my criteria for risk to reward ratios. Um, it's extremely overextended.

Anytime that it runs up like this, it always corrects itself. Look at, it, runs up, becomes overbought, Corrects itself, runs up, corrects itself, corrects itself, corrects itself. So it's not going to be a surprise that it eventually correct itself. probably down to the moving average.

So to me, I would love the idea of locking in profits in preparation for a pullback. So so I could buy more at lower levels if I choose to. but again, that's just my opinion. Uh, can you break down Ni? IO Yeah, I'd be happy to break it down for you.

Thank you for tuning on in and I hope that it earned your thumbs up in this video. So um I I often. Uh, get this question asked: a lot about Nio About Lucid about Rivon and they're like EV competitors. For those that are unaware, Nio is an EV company.

Uh, they make electric vehicles and they're a Tesla competitor. Uh, First off, Tesla's already not even doing well, yet alone. Nio is doing horrible I don't like buying stocks when they're actively selling off. it's it's just like a I would say.

a core principle for anyone, right? Uh, especially when it comes down to yes, it's very cheap, but the cheap can always get cheaper. The example that I love to give our beginner Traders is yes, $5 is cheap, but you know, just two weeks ago it was trading at 635 and 635 was cheap Because you know, two weeks before that it was trading at $8 And it shows you that the cheap can always get cheaper if there's no indication of of a recovery or a reversal. Stop hoping and just set your alerts and wait, right? Uh, why would you be so willing to jump the gun and throw your money at something that is so consistently losing value? But if you want to chase the bottom of a stock and hoping that you catch it at the overall bottom, then again, be my guest. You're an adult.

You can do whatever it is that you want. I'm just telling you that based off of my experience, that hasn't been the best approach when it comes down to either trading or investing in the market. So so are you holding Metap puts I do Not trade options I Do Not trade options. So no, uh, when it comes down to my Meta short if that's what you're talking about, um, no.

I I'm more than willing, especially with the NASDAQ Market being slightly in the red I I would be more than willing to short Meta. but the biggest thing that I'm looking for is for actual science of a selloff. I would love to see some lower lows and lower highs and I would love to open up um, a million dollar short position on Meta because of how overbought is. But I understand that if it continues to hold its ground or it still shows signs of a support or it can continue to show signs of progress I have no reason to short something like Meta when direction is not in my favor.

So I'm very excited to follow up. I See huge potential if it pulls on back just like anyone, right? It's not rocket science, it's it's a simple play. It's a reversal play. Um, we call it a slingshot When something shoots up, becomes very over valid within a short period of time and then shoots right back down to correct itself.

Does it have to play out that way? No, of course not. I've been wrong many, many times, but guess what? being wrong doesn't mean that you have to take the trade just when you have an idea, right? I have this idea of yeah, I would like to prepare for Meta to potentially sell off, just so if it does I have a plan of action and how I can take advantage of it, but if it continues to hold, then I'll have no reason to open up a short position when obviously just my Direction and criteria hasn't been met. So again, I'd be more than happy to follow up. We're going to probably be talking about it during tomorrow's live trading session, and if my criteria is met, I would love to.

Short The Meta stock in front of all of you guys, right? So I hope to see you guys there. If you guys want to watch me trade live as soon as tomorrow, that's going to be the second link in the description down below. Uh, we are runting a 50% off discount. It's a onetime payment.

It's not a monthly subscription to onetime payment lifetime access. and you also get access to the A2 video. Lesson Library You don't have to sign up, you don't have to join my group. You can learn everything that you need to learn on YouTube or Googling it yourself.

But again, if you're anything like me I learn best by watching other people do which is why we host these daily live trading sessions where you get to see all of my trads happen live in real time every single morning. So I Hope to see you there! Second link in the description down below if you have any questions, shoot me a DM via Discord or via Instagram which is also linked in the description of this video. I Appreciate your time like always. Let's make sure that we the year on agree Now.