Stocks were flat Monday as investors awaited a slew of corporate earnings from big tech companies, as well as fresh economic data releases.
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Hey, what's going on? Team: It's Ricky with tackled Solutions here with a super quick market update. Let me start sharing my screen so you guys can see exactly what it is that I'm looking at. So we just wrapped up our live session with the Lpp team again. Friendly reminder.

Today is my first full day here in Uh Italy So if you guys haven't been keeping up to date, make sure you guys follow me on Instagram which is the third link in the description down below. But let's go ahead and talk about what is the Big Focus for this week and that is Tech earnings. Now why is this very significant? Well, first, let me talk about these. Uh, the Big Tech that is actually reporting earnings This week we got Microsoft again I Wanted to be able to provide this for you guys Microsoft on Tuesday Reporting earnings after the market closes.

Normally Big Tech always reports earnings after the market closes Microsoft Tuesday Google Tuesday All after market hours Now why is this significant? Well, again, we'll talk about that in just a little bit. Amazon Aftermarket Hours on Thursday And these are the expectations for earnings per share. This is Two dollars and 23 cents. One dollar and seven cents.

And then for Amazon it's 22 Cent Earnings per share. Now, why is this significant? Well, if you guys have been paying attention to the overall NASDAQ market for literally the past two weeks, Well, now it's two weeks and one day because today, it's still trading within that same range. We've been within the same support range, we've been within the same resistance range almost since. All of April I Mean we can look back to literally the start of April We have made no progress with higher highs or really even lower lows.

It's been literally the slowest month of 2023.. Look it up. I Mean literally everyone is talking about it when it comes down to all these news outlets. Now Why is this significant? Well I Really hope the reason that I'm making this video is I Really hope that this Tech earnings right with Microsoft Amazon or even Google that they set an expectation and set the tone of either the market being bullish and allowing us to break above 320 or if it's bearish.

who cares, right? I Mean there's money to be made, even on the bear side of things, right? So even if we break below this 313 support I Just want the market to choose a side I Know it just can't be me, but this Market just has me fed up with how much consolidation has been going on, right? We continue to trade within the same support and same resistance and almost every day, right. We start off red, we try to close green. We start off red, we try to close green, but then we go back in the red, right? Or we start off green. And then we close red.

The choppiness in this market has been so frustrating. Let me know in the comments section if you guys agree. But what I wanted to share with you guys is as of right now, the Market's not doing anything different. So even if today were to be a day where you take a step back and I wanted to share with you, Why? Because of Big Tech and when they do report earnings, they're pretty much going to set the tone for all of Big Tech.
And hopefully that can allow us to break above or break below those support and resistance levels. Because as of right now, especially if you are under the PDT rule, that means that you're only able to day trade three times within a five business day period. So why waste your day trades on a day like this? While the Market's not doing anything special right, it's not making higher highs. it's not making lower lows.

So why not save it when Market Direction actually chooses a side? and that's really just it. I Wanted to make sure that you guys not only keep up with all the economic reports that are set to be released this week, but also that you are aware of Big Tech earnings and why it's so significant. Once Big Tech reports earnings, it will set the tone. and either for a bull market or a bear market for up and coming quarters we want to understand: Are these big tech companies struggling? And do They also support the idea of us potentially going into a recession? No one can predict the future.

We're only here to prepare for it, which is why I Wanted to prepare all of our beginner traders to save those day trades for days that are actually worth it because I Know that I can't be the only one that's super frustrated with how much the market has been Consolidated And you guys can let me know by dropping the thumbs up and or just even commenting down below. But again, the last thing that I wanted to make you guys aware is that again, you guys need to pick up your GTR Mystery Box It gets you 1 000 entries for our GTR giveaway and we're also giving away a free GTR duffel bag with every order of a GTR Mystery Box Just add your favorite color and add it to your cart. Again, this is the biggest bang for your buck. and again, if you guys want to enter the GTR giveaway or 50 000 cash, that's going to be the fourth Link in the description down below or at Shoptechbuds.com If you have any questions about how to watch me trade live every morning I'd love to have you watch me trade live as soon as tomorrow and that's that second link in the description down below to learn more about it.

I Appreciate your time, hope that we're in the thumbs up. If you have any questions, message me via Discord and that's that first link in the description down below. Like always, let's make sure that we end the year under Green Up. Take it easy team!.


By Stock Chat

where the coffee is hot and so is the chat

24 thoughts on “urgent 3 big tech stock about to report earnings…”
  1. Avataaar/Circle Created with python_avatars Polyrytmi says:

    WHY CAPSLOCK

  2. Avataaar/Circle Created with python_avatars Jacobo 21 says:

    Thank you so Much Ricky. See you tomorrow at trading Morning team.

  3. Avataaar/Circle Created with python_avatars Azam Khan says:

    Hey Ricky if you are visiting UK you are most welcome to stay at my house I'm not as rich as you but if you like indian food you will love it I learn alot watching your videos

  4. Avataaar/Circle Created with python_avatars Jonathan Burtnick says:

    Iโ€™m confident the current market has an equal possibility of making high-value gains or losses, so I'm cautious with my selections; but, I heard that a trader made over $850k in this market, and I could really need ideas on how to achieve similar profits

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

    I predicted this consolidation range, months ago.

  6. Avataaar/Circle Created with python_avatars ScorcherJ says:

    Iโ€™m not sure why but for some reason I cannot get the free duffel bag to work I put it in my cart and it still charges me for it at the end of check out

  7. Avataaar/Circle Created with python_avatars Katherine ford says:

    I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. Im a bit tired of looking for a good stock to buy and loosing any good opportunities

  8. Avataaar/Circle Created with python_avatars ๐Ÿ’ฐ Make $765 Per Day says:

    "Trust because you are willing to accept the risk, not because it's safe or certain." –

  9. Avataaar/Circle Created with python_avatars David Car says:

    Amazon will be falling hard.

  10. Avataaar/Circle Created with python_avatars Callahan Jett says:

    Great insight. I was hopeful about my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such a success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering, a correction is underway.

  11. Avataaar/Circle Created with python_avatars mrbing 70 says:

    Meta earnings too this week

  12. Avataaar/Circle Created with python_avatars robert livingston3 says:

    I agree frustrating market

  13. Avataaar/Circle Created with python_avatars Max Marshall says:

    Envx๐Ÿ˜ณ

  14. Avataaar/Circle Created with python_avatars Cookie Dough says:

    People o know at Microsoft have been laid off in the last two weeks

  15. Avataaar/Circle Created with python_avatars Michael Taylor says:

    just looked and GOOG has a bad history of missing earnings recently. They have missed for the last four quarters. A perfect bad score. I am holding no positions at this time in anything. Just telling what I saw on their quote.

  16. Avataaar/Circle Created with python_avatars Chris Esparza says:

    The market can consolidate deez nuts

  17. Avataaar/Circle Created with python_avatars Live N The Moment says:

    This is the most choppy market I've ever seen. You can still make a little bit, but have to watch your position like a hawk. Thanks ๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘

  18. Avataaar/Circle Created with python_avatars Rupankar Mandal says:

    Nothing will happen man๐Ÿ˜…

  19. Avataaar/Circle Created with python_avatars Oskar says:

    It's BS lol

  20. Avataaar/Circle Created with python_avatars Eric Anderson says:

    Finally have some capital to work with. Up $205 today.

  21. Avataaar/Circle Created with python_avatars Lorenzo Menghi Niccolini says:

    Hey, I wanted to know if you are using Webull to trade?

  22. Avataaar/Circle Created with python_avatars Dustin Morris says:

    Tyvm ๐Ÿ˜Š

  23. Avataaar/Circle Created with python_avatars Rational Analysis says:

    What was MSFT forward guidance from Q4 earnings?

  24. Avataaar/Circle Created with python_avatars cashmonyz says:

    i can trade this consolidation for years, love it

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