FED NEWS! Jerome Powell speaks live tomorrow at 11am et. Why is the stock market still going up, here is an inside look!
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The Federal Reserve conducts the nationโs monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
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So what caused the stock market to rise after market hours? What's going on guys, It's Ricky Here with Technical Solutions We all know that the market has been indicating signs of an uptrend. Due to the news of that, the U.S debt ceiling deadline is supposedly going to be met by the end of this week it was supposed to be last week. Supposedly President Biden and Congress are having a discussion and hopefully coming up with an actual Solution by tomorrow. One of the things that I want to let you guys know is although that's been indicating signs of an uptrend I'm sure many of you guys saw the quick little uptick that we had after market hours in my videos I like to explain why something happens and I really hope that I answer that question for you.
So let me share my screen with you guys. This is NASDAQ this is Kiki which is the single leverage ETF As you guys can see right on over here. Uh, randomly right? Market was kind of treading sideways. this is QQQ All of a sudden there's a huge uptick hitting highs of 338.88 right? What led to this uptick? Well, although I didn't see the tweet and I couldn't find the a tweet, all these news articles that supposedly are listed underneath here says that Elon tweeted that they're working on two new vehicles that are set to be released this week.
So Elon Elon Musk just teased two new Tesla EVS Uh, if you guys don't know exactly what he's uh, what they're talking about I know during uh Tesla's shareholder meeting, the Cyber Roundup I live streamed it on my YouTube channel. One of the things that Elon talked about is that there's two new products. He didn't list what they were. We kind of guessed that one of them were gonna be kind of like the lower end vehicle.
That's what everyone kind of assumed because they're supposed to announce like a 25 000 vehicle. So I'm guessing that's one of them. But we didn't know what the other product was right. It wasn't even listed that it was going to be a car.
but I guess he finally tweeted I can't find that tweet You guys let me know in the comment section: I Just wanted you guys to know why the market rallied after market hours. For those that are unaware, Kiki Q again is a NASDAQ ETF And if you guys are not aware of what the NASDAQ is again, it's a composite of 100 different companies. And here's the way or the influence that they have to the overall: NASDAQ Market NASDAQ is considered to be. you know, a good way.
Kind of like the S P 500 to be able to invest long term when it comes down to QQQ or to spy. One of the last things that I do want to remind you is that Well, two things first, we are hosting our free live trading session tomorrow I know this is super last minute for most of you and I respect if you cannot tune on in. I'm hosting a free live session tomorrow for my live trading I'm giving away a thousand dollars during that live trading I've done this for the past two weeks. Tomorrow is going to be the third week I've given given away a thousand dollars on May 5th during that free live trading session to Kevin Quinn on May 12th which was last Friday I Give it to give it away live uh to teen Tran And then tomorrow I'm going to be giving away another thousand dollars. So if you want to tune in and watch that live session again, I'm going to be giving away a thousand dollars. You literally just have to save your free spot. All we ask you again is for your email and I think your number so we can send you the private link and it's the first link in the description down below. Do you have to, you know, tune on in.
No. You definitely don't but you've If you've ever wanted an inside look of what it's like to watch me trade live but also obviously see me give away a thousand dollars is you know, pretty attractive to people so we'd love to include you in the fun. First link in the description down below. Make sure you check that out.
The other thing that I think is very important for you to be aware of is that tomorrow I Don't know if you guys have heard of him. um, what's he called I was gonna make a joke right now, but it's the drum pal. Uh, the head of the Federal Reserve is speaking tomorrow at 11 A.M Eastern time Again, my job is just to make you aware of what's coming right. and then at 11AM Jerome Powell head of the Federal Reserve is going to be speaking to Ben Bernanke and whatever it is that they asked him, it could influence the market if he answers it in a hawkish or dovish way.
I'm thinking of live streaming I'll leave it up to you guys if you guys get this video, it's over a thousand likes. I'll host that free live session. Uh, but I'm gonna host a free live session tomorrow at Market open. So whenever the Market opens, that's when I'm going to be hosting the free live training and I hope to see you there.
So I hope they don't Earned a thumbs up. Hopefully I See you for the free live session if that's too early for you. Hopefully we get over a thousand likes and I'll see you for the free Jerome Powell speech that is set to be at 11 A.M Eastern time which is going to be about uh, one hour and a half after the Stock Market opens. I Really do appreciate you guys Time, hope, and wish you guys an amazing day.
Do not forget our GTR giveaway is coming to an end and check this out again. This is prize week. We're giving away a free prize with every single order. If you guys haven't entered already, you're going to want to check this out.
That's the fourth Link in the description down below I Really do appreciate your time. Hope that I earned a thumbs up! Excited to trade live with you guys and give you guys an inside look of what it's like to watch me trade live every morning. I'll see you tomorrow at Market Open Set your alarms. Hope that aren't a thumbs up? Consider subscribing and like always, let's make sure that we're in the year on our green. Nope. Take it easy team!.
Your other video got 1000 likes. Give us the indicator video.
That GTR
Weโre dumping morning and pumping after
what is your expectation for jerome's speech later today, gonna be good or bad for USD?
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Seeing ๐ฎ๐ฎ๐ฎ๐ฎ
He wants to put a dirt cheap E vehcle on the road. Novelty surge I dont think itll last
Other product maybe tesla phone ?
Please show us new trading indicator!
Nah this is straight up mooning! ๐
thanks 4 updates they are great
It looks like there is going to be the $25,000 car that we've been hearing about lately and a $25,000 SUV. I saw an interview with Gary Black stating this.
Whats the indicator you are using that shows buy and sell green/red arrows?
Finally my man JPOW here to the rescue for us bag holders on SQQQ overnight. I was naรฏve today and bought in with it being so oversold. By 3pm I could not believe it continued its sell off. Need a 4% day tomorrow. Jerome better be stumbling over his words!
I'm loading up TSLA June 9th $285 bull calls when QQQ pulls back; on the bounce .
I wish i could play a position tomorrow. Im actually on a mental vacation from the market till it sort of settles. This manipulation is just way too heavy for me right now.
Thanks Ricky! See you in the morning! ๐๐ป
I think that market is preparing for ๐๐๐โฌ๏ธ
Hopefully heโll dump it tomorrow.
Lets gooooooo
What new indicator are you using Ricky?
You want to see me trade live tomorrow, Ricky?
Ala baja ๐
A short squeeze finale! ๐
First ๐ฅ