President Biden says he is optimistic lawmakers will make progress on the debt ceiling.
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Not all trades can end in the Korean What's going on guys, it's Ricky with Talk about Solutions here with a super quick stock market. Update again I'd Love to show you guys both my green days and my red days and today I came out in the red. Check this out. 3 300 so far overall in the red uh when it comes down to Sqq, one of the things that I want to remind you is Market was still kind of a little bullish even after the huge pump that Nvidia experienced yesterday.

and it's all based off of Nvidia having a better than expected earnings. But in my opinion this is 100 my opinion. I think Nvidia is extremely overvalued. There is no question that although I think it's overvalued and overbought and it's due for a pullback, it could continue to Rally as long as this Muse is still relevant of its earnings, but also of the huge demand that Nvidia is experiencing because of.

AI. When it comes down to the chip manufacturing right, we can see this huge gap up I Don't think anyone in the comments section would disagree that Nvidia is overbought and that it most likely will pull back, but it's as of right now Market is bullish. so instead of trying to over complicate it and feeling the need that the market has to pull on back, it definitely doesn't have to. Right now all I know is I don't know if I've ever seen a stock Gap up over 25 percent right? 24.37 in one day and not correct itself shortly after.

anytime something comes with a big upswing, it normally tends to follow with a big downswing at least in my experience now. I'm very excited to follow up. I'm not sure about you guys, but let's talk about what we have in store for tomorrow. First things first: we're hosting our Free Live Trading session tomorrow right at Market Open and Got eyes or giving away a thousand dollars during that free live session.

It gives you a taste of what the learn plan profit team gets to experience every single day. So if you've ever wanted to see what it's like to watch someone Buy sell cut losses, lock in profits, you get to see my good trades. You get to see my bad trades. It's a Raw live session and it's what Lpp gets to experience every single day.

So I'm hosting it tomorrow for free on May 26th. I've given away a total of three thousand dollars so far on May 5th, May 12th, and May 19th to Kevin Tian and Rafael and tomorrow during tomorrow's Free live I'm giving away another one thousand dollars. All you have to do again to watch me trade Live is Save Your Spot. It's the first link in the description down below.

If you don't see it, refresh the screen. First link down below. Save Your Spot! We'll send you the link to tomorrow's Free Live Session. All you have to do is show up right at Market Open and again I'll take care of the rest.

Other than that, let's talk about what economic reports are set to be released tomorrow. This is all pre-market Do you guys see this Long list all pre-market One hour before the Market opens we have personal income, personal spending Pce prices, Pce prices core Drobo orders Gerber orders extended to Transportation Advanced Trade and goods Advanced Retail inventories Advanced wholesale inventories all before the Market opens. So at 8 30, one hour before the Market opens, Boom! we're gonna hit with all of these being reported and the market will react So again, if you see the markets big green or big red, it's most likely going to be because of one of these reports. And I'm so excited to be hosting our free live with so much activity.
All I hope is that I Think that we can all agree on this, is that? I Just hope it's not a boring day, right? I Don't want to see a lot of consolidation I Want to see volatility I Want to see movements I Want it to challenge me when it comes down to my entries, my exits, the Locking and profits, the risk management, my position sizing I Want you guys to see it all I Hope that we can provide that for you guys tomorrow. but again, it all comes out how the market plays out. but also it all comes down to if you actually end up showing up. so again, make sure you save your free spot.

We have a total of 1 000 spots. If I'm not mistaken that you can save in advance and that's that first link in the description down below. Uh, and I'll take care of the rest. Other than that, but um, wanted to show you guys in the video I also wanted to show you guys Costco I Don't know if you guys saw this.

Costco has nothing to do with NASDAQ but Costco Again, there's always going to be most likely two parts. When a company reports earnings, the company reports earnings and based off of that reporting itself, the market reacts. Then there's a guidance call and that guidance call Will kind of really determine its direction. So just like kind of we experience with Costco Costco Original was down about two to three percent.

Then the guidance call began. gapped right back up. It's kind of what happened with Nvidia if you guys remember closely. Nvidia Earnings came out and they came out better than expected.

but Nvidia originally was gapping down. Do you guys see that if we zoom on in? a gap down originally? And then all of a sudden during its guidance call, Ai Ai Ai Boom gapped up 27 percent. I Think at its peak including today in extended hours, it hit highs of nearly 400, nearly a one trillion dollar market cap, and nearly 400. but it didn't It got rejected, strong sell-off retested previous lows, and then kind of just Consolidated for the rest of the day.

I Think that Nvidia is going to correct itself in the next few days? Um, that might just be me. You guys share your thoughts down in the comment section: I Think that it's going to be a pretty solid, uh, pullback. Anything that goes up normally comes down, but I'm very excited to follow up. It's not a stock that I plan to short, but we'll see what the rest of the NASDAQ Market if that ends up pulling back.
Remember, we're still waiting for the U.S debt ceiling decision to come in. We'll see if the market skyrockets. We'll see if the market drops once that decision comes in. Hopefully it's tomorrow, but I know the deadline's June 1st and remember, it's a three-day weekend, so you definitely don't want to miss this free live session.

And again, that's that first link in the description down below. If you have any questions whatsoever, feel free to message me via Discord or via Instagram Those are all Linked In the description. And remember, if you want to sign up today for Lpp 2.0 and you want our biggest discount with 10 000 entries for the GTR giveaway, that's going to be that second link in the description down below. Appreciate your time.

like always, let's make sure that we end the year on a green note. Take it easy team!.

By Stock Chat

where the coffee is hot and so is the chat

14 thoughts on “urgent 8 economic reports get released tomorrow…”
  1. Avataaar/Circle Created with python_avatars Larry Morton says:

    the plunge protection team is driving up the indexes so every one can feel good over the weekend, they will be dumping big time on tuesday makin millions if not billions for the fed from the retail investor.

  2. Avataaar/Circle Created with python_avatars Ben F says:

    I was hoping u were right Ricky about market falling possibly making new lows so I could buy more but this thing has michael Jordan legs!

  3. Avataaar/Circle Created with python_avatars Edward Richard says:

    INVESTWITHMESSINAπŸ’―

  4. Avataaar/Circle Created with python_avatars Grace Ocean says:

    Inflation and Recession are dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

  5. Avataaar/Circle Created with python_avatars LAILA KANDIL says:

    I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!''''

  6. Avataaar/Circle Created with python_avatars FantasyFun says:

    Dude nvidia was projected to have 6 percent revenue growth and they cam out with 60 percent revenue growth with orders already in the pipeline do you actually read Financials or just look at candles

  7. Avataaar/Circle Created with python_avatars Abhishek Pal says:

    If you are actually a successful trader why need to give classes. You should be a millionaire then rather a hippo πŸ¦›

  8. Avataaar/Circle Created with python_avatars Anthony Ghandour says:

    Thanks Ricky!

  9. Avataaar/Circle Created with python_avatars Stafford says:

    It wouldnt let me sign up for this morning, can you resend the link to me?

  10. Avataaar/Circle Created with python_avatars ismael chato says:

    Mi compa Ricky saludos desde Las Vegas weyy

  11. Avataaar/Circle Created with python_avatars Hernandez brown says:

    Trading cryptocurrency for profit is highly risky, but it can also be profitable for those who invest wisely.

  12. Avataaar/Circle Created with python_avatars man dog van says:

    It's N-VIDIA! Like "EN-VIDIA".No "NI-VIDIA". This is not a skin cream.

  13. Avataaar/Circle Created with python_avatars Gregory Malone says:

    I think we're at a point where everything is riding on the debt ceiling, Jim Crow Joe Biden lies, comments from big Powell-even though he said he doesn't have nothing to do with the debt ceiling-and if Yellen is lying about the deadline. The CPI report for May will be very important also.

  14. Avataaar/Circle Created with python_avatars Lom capsi says:

    Cool

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