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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What a beautiful start to the day. What's going on Team? It's Ricky Attack Mode Solutions One thing that I want to remind you is again during today's live trading session. This is just a great, great reminder. We waited all of this time, right about 40 minutes of the market just consolidating.

After it peaked and began to show no signs of progress for Nasdaq For literally a four to five minute play, this four to five minute Play Led to an active sell-off momentum was actually in place and this is when the actual opportunity ended up presenting itself. Other than that, the market was just consolidating and really didn't make too much sense there. And this is why again, it's so important to be super selective during choppy markets and to know when to step on the gas when direction is favorable on Sqq. As we all know the NASDAQ Market when it goes down, Sqq goes up I'm up 2 900 to 3 000 on the day and guess what? I didn't start that way right because I took a position originally when the market.

uh, during that pre-market session. during that CPI data report like I live streamed. but then Market Direction began to change I reduced my position size right? I'm not a perfect Trader. let's not pretend to be.

Then it became very overbought during my live session with the Lpp team. It was very obvious right? we we waited. We waited. There's no progress for the Bulls and that was a perfect recipe for the Bears.

So once we got that proper confirmation, we step on the gas. Direction is favorable and guess what? We walk away a in the green. but it's not my profit or it's not my money until I Lock it in. So the goal today is working towards a little bit closer to that 19 price point.

We are seeing a slight resistance here right around 1864, just like we did during that pre-market session. But I want to see if we can challenge that 19 price point and I can get a little bit closer to my goal of around 10 to 12K on the day? I'll make sure that I keep you guys up to date when it comes down to my overall trades, especially if you guys follow me on Instagram which is the third link in the description down below. But one thing that I want to share with you is the CPI Dad Report was released today. Came in at 3.7 percent and that is a little bit higher than what was expected as the 3.6 percent was what was expected.

Core CPI did come in a little bit lower than what was expected, which is the main thing. Core CPI is the only thing that the Federal Reserve can actually moderate right when they raise or drop or cut interest rates. It doesn't affect food or energy, it really just affects core CPI which is all items excluding food and energy. So when you look at this actual CPI data report, it's very easy to see.

Yes, we did see. an increase, but then we remove the 0.2 percent, but Core CPI as you can see, came in at 4.3 percent and based off of previous months right, we actually saw a drop from the 4.7 if I'm not mistaken to the 4.3 Overall, CPI did see a rise and again the main contributor to that is the energy sector for what is that, Gasoline, fuel oil, and energy Commodities All saw a pretty significant jump. so again just a friendly reminder that that is the biggest area that saw the biggest jump for the month of August What saw the biggest decrease the biggest decrease was used cars and trucks and again I broke this uh sheet down all in today's CPI data report live stream So very excited for follow up. Just didn't want to over complicate this video.
For those that are wondering what is going on today, why is the market performing the way that it is CPI Data report was released today, came in a little bit higher than what was expected. Uh, but Core CPI came in lower than what was expected. so as of right now it's still pretty mixed. I Would expect somewhat of a challenging Market ahead.

Uh, because again, we still don't know 100 what the Federal Reserve is going to do, but this might add a little bit more hawkish sentiment to the market than Dovish, which means a rate pause, right? So very excited to follow up. I'll keep you guys up to date uh, via Instagram Or if you're part of my Learn Plan profit group again, They got to see this trade happen. Live, right? They get to see my entries, they get to see my exits. It doesn't matter if it's a good or a bad trade, they get to see it all right.

And most importantly, they get to hear my thought process behind every single trade. So if you're an absolute beginner and you think that it would be a value for you to be able to watch me trade live every single day so you can understand my thought process that leads to my good trades or my bad trades, it's the second link in the description down below and you can watch me trade live as soon as tomorrow. It is a one-time payment, lifetime access, and you'll get to watch Matured Live every single day. And you'll also get access to our A2Z video Lesson Library that's designed for complete beginners.

It's all inclusive and yes, it is 175 off right now. and that's the second link in the description down below. I Hope that entered a thumbs up. Please consider subscribing And like always, let's make sure that we end the year on a good note.

Take it easy team!.

By Stock Chat

where the coffee is hot and so is the chat

24 thoughts on “urgent bad cpi bullish market explained”
  1. Avataaar/Circle Created with python_avatars leadersoffice09 says:

    Nasdaq will retest 16000
    Buy Tesla buy apple and hold them like gems. Buy the dips. 2024 will be a good year for equities. Obviously if using leverage keep it low and tight. Donโ€™t over leverage. Clearly weโ€™ve got bumps in the road during the next couple of months but all this so called bad news on Apple is your que for buying and tucking them away. DYOR and good luck x

  2. Avataaar/Circle Created with python_avatars Ukieman Serg says:

    Impeach Brandon

  3. Avataaar/Circle Created with python_avatars sjrsoccer says:

    Core did not come in better than expected..

  4. Avataaar/Circle Created with python_avatars The Real Morgan M says:

    SPY puts like ๐ŸคŒ๐ŸคŒ๐ŸคŒ

  5. Avataaar/Circle Created with python_avatars MidWest_PYRO says:

    Quad witching coming up

  6. Avataaar/Circle Created with python_avatars Reno808 says:

    Nice and red tomorrow ๐Ÿ˜…

  7. Avataaar/Circle Created with python_avatars Cpt stratboss says:

    If tomorrow was your your birthday ๐ŸŽ‚
    What would you rather have
    $5000 cash or know the exact closing price of Spy that day ๐Ÿค”

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

    Market can not be explained it seems, makes no sense most of the time

  9. Avataaar/Circle Created with python_avatars Sam McVea says:

    Go Ricky go

  10. Avataaar/Circle Created with python_avatars Larry Morton says:

    the market up today on horrible news. the plunge protection team is all over this thing, the old pump and dump, makin millions for the fed. more rate hikes coming. market should be crashing.

  11. Avataaar/Circle Created with python_avatars Kevin Williamson says:

    Bull trap. Look out below

  12. Avataaar/Circle Created with python_avatars Maria harry says:

    Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022

  13. Avataaar/Circle Created with python_avatars ECO BRITE FL says:

    Market is bs

  14. Avataaar/Circle Created with python_avatars Jason Edwads says:

    Dawg you are getting worked in this market lol. You've been bearish for so long

  15. Avataaar/Circle Created with python_avatars Kay E says:

    If cpi bad market up ,cpi good market up
    Moral of the story market is rigged they wanted to squeeze the bears

  16. Avataaar/Circle Created with python_avatars C Corm says:

    Talk faster

  17. Avataaar/Circle Created with python_avatars Jose H says:

    Tricky market ๐Ÿ˜ข

  18. Avataaar/Circle Created with python_avatars Aadarsh Adam says:

    I think market is in the view that may be fed rate hiking cycle at final stage, and that's encouraging for bulls coming days

  19. Avataaar/Circle Created with python_avatars Mark whatzhisface says:

    Thanks for the update. Brilliant job waiting for the drop. Hope you stayed green.

  20. Avataaar/Circle Created with python_avatars Zoidis says:

    3500 for the day thanks brotha

  21. Avataaar/Circle Created with python_avatars Lil AR 15 says:

    Bullish like I said ๐Ÿคฃ

  22. Avataaar/Circle Created with python_avatars LisaLea says:

    ๐Ÿ˜‚๐Ÿ˜‚

  23. Avataaar/Circle Created with python_avatars Putspread says:

    Appreciate you Ricky ๐Ÿ™๐Ÿฝ๐Ÿคœ๐Ÿพ๐Ÿ’™

  24. Avataaar/Circle Created with python_avatars The scalp trips says:

    Hi rick love from ๐Ÿ‡ฎ๐Ÿ‡ณ india

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