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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So I Just explained it to my Lpp team. Why this CPI data report is so different than many of the others as many of you guys know. tomorrow. August 10th One hour before the Stock Market opens, there will be a release of the new CPI data report.

This is released by The Bls.gov the Bureau of Labor statistic. This will tell us if inflation is going up or down, the current inflation rate is three percent I am going to be live streaming it tomorrow and if you want to tune on in all I literally ask you to do is drop a thumbs up and subscribe and get this video to over 1500 likes. The reason I want to make sure that you're aware of this is I Wanted to make a later video today breaking down what makes this CPI data report so different from the others, right? CPI is calculated based off of the previous 12 months and what happened 13 months ago is so significant and is why I think inflation could actually go up. So if you want to learn a little bit more about that again, get this video to over 1500 likes and I'll make that video but without further.

Ado It's a good day to be a bear. I Just wrapped up my live trading session with the Lpp team and they got to see uh, me locking profits uh on Sqq today. Uh, so far on the day it's uh, 17, 000. Uh, on the cusp of 18 000, there's a discrepancy with that.

It's there's a difference around seven thousand that shouldn't necessarily be there. I've already messaged Weeble but as of right now, I'm up realistically about ten thousand dollars on the day. I I'm gonna post the overall account growth on my Instagram so if you don't follow me, that's going to be the third link in the description down below. Uh, but very quickly.

you know what is causing so much negative Market sentiment. It's the inflation report tomorrow, which is why I think that it's I Would love to make that video for all of you guys I Just wanted to make sure that you guys want to see it. Uh, the concern is that inflation can come in higher than expected tomorrow. Uh, and it's because of what's being factored in.

So when looking at this on the four hour time frame I mean it was very easy to see that we're still trading below the EMA line. although that the NASDAQ Market did or was in the green during the pre-market session today. So today I had a flight training and it had to be up by four in the morning. That's in Arizona time, right? So when I woke up I saw that NASDAQ Market was in the green and Sqq was in the red.

but it was very easy to see that we're still showing signs of lower highs and lower lows. So then once I began to see negative pressure on NASDAQ right? So we peaked right when NASDAQ Uh opened up right during that extended hours and then we were beginning to sell off, We tried to recover. we formed lower highs and then began selling off even more. It was very easy to see that again, that negative selling pressure is still present and based off of recent patterns on the one hour time frame, it's not rocket science.
Recent Market sentiment is more bearish than it has been bullish. and as we break below the four hour moving average again, we talked about this all week this week and all week last week is. if we do break below this, we haven't broken below the moving average pretty much since. What was that? March of 2023 and in 2000 and March of 2023, we barely broke below it for a little bit and then we quickly recovered.

So this is all technicals, right? Uh, at the end of it. One thing that I preached to our Lpp team this morning is that the reason I'm choosing to play it safe and the reason that I've reduced my position size already so much on Asukiq is that regardless of of how bad I think tomorrow's CPI data report can be. regardless of what I'm seeing on the technical side of things, we all know at least if you've experienced this, that the market could shift on a dime. meaning that yes, Market is a little bit more seen more selling pressure right now.

But once that report is released tomorrow, one hour before the Market opens, the market can shoot up and we need to respect that, right? No one knows exactly what's going to be reported. We can prepare for it and I like to prepare to react. But at the end of it, it'd be very naive for me to say that. Okay, Market needs to do this and it has to do this.

So I'm going to do this before it actually even happens, right? So because of that, I'm choosing to play it safe I've sized down on my position in Sqq already and I'm ready. I'm ready to see what the market presents tomorrow and I'm ready to react uh during tomorrow's live session. So again Market a cell went off due to fear of that up and coming. CPI Data Report: This report versus many others is just a little bit different based off of How It's calculated and what's being factored in now that hasn't been factored in in the past couple of months.

I'd Love to break that down for you guys, but again, just get this video to over 1500 likes and especially if you want to tune on into tomorrow's CPI live stream I will be live streaming that for free on this YouTube channel so it's just another reason to subscribe. If you have any questions about what we talked about today, shoot me a direct message via Discord or via Instagram and that's the first or third link in the description down below. But I do want to remind you I work with one team and one team only and that is my LBP team and they are the only team that get to watch me trade live on a closer basis every single day. So if you want access to that, that's going to be the second link in the description down below.

And we're running our biggest sell right now. It's a one-time payment, lifetime access. It's 175 off and it's the second link in the description down below. Again, the time to prepare is now for the CPI data report.

Now, when the market is selling off or not, when the market is pushing up, the time to prepare is now your your position, size, your plan of action, your risk management. Whatever the case might be, the Time to Prepare is now the only people that freak out when the market pulls on back or if the market skyrockets are those that did not prepare. Our job is not to predict. our job is to prepare so that's not over complicated like always.
Let's make sure that we end the year on our green. Now take it easy team.

By Stock Chat

where the coffee is hot and so is the chat

27 thoughts on “urgent market is about to get worse…”
  1. Avataaar/Circle Created with python_avatars 837Eric says:

    clown

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

    Go Ricky go 👏,

  3. Avataaar/Circle Created with python_avatars k I says:

    Omfg I was n1000 like 🎉😅

  4. Avataaar/Circle Created with python_avatars TastySTi says:

    My boi RG gonna live stream regardless of 1500 LIKES because he a OG like that.

  5. Avataaar/Circle Created with python_avatars Sandra Verdić says:

    I often wonder how successful investors are able to make millions of $$ from trading stocks. I'm completely new on this area of investing. Long story short I have a couple thousands saved up which i want to invest for long term and I know this sounds a bit dull but, I would like to know what advice you could give to start my investing journey

  6. Avataaar/Circle Created with python_avatars Eric Mossman says:

    Great update & advice! Looking forward to watching you live tomorrow morning! RG, "The time to prepare is now."

  7. Avataaar/Circle Created with python_avatars LWC says:

    So, new to trading… Just looking at these factors alone, higher than expected inflation figures = NASDAQ down, SQQQ up… If these were the only factors? Checking understanding

  8. Avataaar/Circle Created with python_avatars DUNK TIMETM says:

    I know I’m not crazy cause everyday market open bought puts then what I call “mid day reversal” and I buy calls after and I’ve been banking on this for the past couple days😮‍💨😮‍💨😮‍💨

  9. Avataaar/Circle Created with python_avatars Huang Jack says:

    Urgent urgent warning!

  10. Avataaar/Circle Created with python_avatars Garry Singh says:

    Swing trade is better than day trading in my opinion.

  11. Avataaar/Circle Created with python_avatars born2win says:

    I have to learn not to buy in the premarket. I bought GOOGL and it dropped after opening. At least I didn’t buy NVDA. That one really tanked!

  12. Avataaar/Circle Created with python_avatars Samer Asaad says:

    Good we buy bore ❤

  13. Avataaar/Circle Created with python_avatars R S says:

    man ..everytime u say that this is the point where it does the exact opposite…

  14. Avataaar/Circle Created with python_avatars LeDG says:

    Bear 🐻 gang

  15. Avataaar/Circle Created with python_avatars Ron Bennett Outdoor Productions says:

    OK. Found your vids of live trading. Going to take a look. In the last 1.5 years I've lost so much money. Perhaps this is a way to come back. Charlie & moon just don't seem to be doing it for me any more.

  16. Avataaar/Circle Created with python_avatars Ron Bennett Outdoor Productions says:

    Could you give non members a sample of watching you trade live? I've joined things like this before more than once & was disappointed. So I'm a little gun shy sort of speak. Hope you understand my position. Thanks. P.S. Do you have old video's of you trading live? That would let me view what it's like also. Thanks.

  17. Avataaar/Circle Created with python_avatars Oleg Ovchinikov says:

    Indicies dog oil is good

  18. Avataaar/Circle Created with python_avatars Julien Karro says:

    I could do the countdown until this guy would appear in my feed today and say he made 1000000000 dollars on SQQQ

  19. Avataaar/Circle Created with python_avatars Xill says:

    Live stream 🙏🏼🙏🏼🙏🏼

  20. Avataaar/Circle Created with python_avatars Cool Airs says:

    Getting here before this blows up

  21. Avataaar/Circle Created with python_avatars DUNK TIMETM says:

    Puts puts puts puts😮‍💨😮‍💨‼️

  22. Avataaar/Circle Created with python_avatars Dumb fish broker says:

    Nasdaq going up as the market and all related stocks are tanking off a cliff

  23. Avataaar/Circle Created with python_avatars Gilberto Borrero says:

    Who doesn't get excited about Fire Sales? 🔥💲🔥

  24. Avataaar/Circle Created with python_avatars Dumb fish broker says:

    Is nasdaq stopped or haunted ? Or is this system rigged

  25. Avataaar/Circle Created with python_avatars Angel Lara says:

    Dang second

  26. Avataaar/Circle Created with python_avatars K chan says:

    🎉

  27. Avataaar/Circle Created with python_avatars Jeff Nix says:

    Let's go people 1500 LIKES is not too much to ask if you watch the video hit the thumbs up oh, that's the way it works in a community make it happen, do it now

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