So what is showing signs of an uptrend today? What's going on team, it's ricky with tackle solutions, tech stocks are absolutely getting destroyed. I actually uploaded a video on friday and all of last week, keeping you guys up to date with what's going on in russia and ukraine, and also with the feds talking about raising interest rates. This is something that i specifically spoke about on friday, that this week, this upcoming or this actual week, uh the feds for the first time since 2018, if i'm not mistaken, are set to increase interest rates, a quarter of a percent. A lot of you guys were saying that: well isn't this factored into the market? Yes, i 100 agree, but just like anything, there's already set expectations, but when it actually gets put into fruition the market just always overreacts, and this is kind of what we're seeing.

As of right now, so what i wanted to talk about is, of course, not just the negative influence that the overall market is experiencing. Today we could see the lower lows lower highs. I mean we didn't start off that that bad we actually almost started off or went into the green right, but then we quickly got rejected, began to make lower lows and lower highs, and i thought that i would take this time to talk about. You know the areas in which we can make money right, i'm not just going to talk about the specific inverse etfs that we all know about right, sqq.

We talked about this today within our learn plan. Profit live trading session, so the market was kind of choppy direction was unclear and i actually want to give a huge shout out to one of our traders. David david had a position in ask qqq. He was considering cutting losses because things were going south.

I was like well hold on there because, although we're bullish in the overall market, i didn't want him to cut losses at the first sight of a reversal and what it ended up doing was it found a support. I did a double bottom um. We. We know that the past two months, if they've taught us anything, is that the market has been more bearish than it has been bullish the past two months.

So this is why it would have not surprised me that the market would have actually pulled on back and fortunately for him, it did, and you can see that it began to really take off so from overall lows on sq to current highs. That's 7.6! Absolutely insane! Let's say that you're not into the nasdaq market, maybe you're more into uh the s p. 500. Then this one is also up 1.8 or from overall lows of when this reversal ended up happening.

That is five percent on the day, not the only market, that's slightly in the green right now, but it's kind of pulling back is the dow jones. This is the inverse etf if you guys didn't catch the correlation. These are three inverse etfs based off of the three largest major markets in the united states, but what about oil right? We talked about oil prices, how they were all shooting up. I made an oil watch list, a lot of you guys loved it what's happening right now.

Oil prices, um or just old price per barrel are beginning to pull back rightfully so right. What have we said every single time? A reaction in the market tends to always be an overreaction. That's simple right! So, if you're asking yourself the question, what can i potentially make money in right now? Well, what's happening right now, oil stocks and etfs are dropping. They pushed up exponentially within a very short period of time.

Now the hype is no longer there, just like a pump and dump and just like when a stock reports earnings it shoots up for a short period of time it peaks and then, when things begin to settle down it corrects itself and that's what we're experiencing today. Right seven point: nine percent is what this oil one of the largest oil uh stocks - that's publicly traded uh is what it dropped. Today, the united states oil fund down nearly five percent. I mean it was down more than five percent.

Now it's somewhat recovering. But again, i want you guys to be aware of this, so if the oil markets continue to drop what goes up when the market, when the oil markets go down, this was actually shared to uh shared by one of our learn plan. Profit members. So a huge um thanks to him.

This is s c o. This is the inverse etf of uco. So when oil markets begin to drop again, this video is not to encourage you to trade any of this. But these videos that i upload are to make you aware of what's readily available right.

If oil begins to drop, sco will begin to push up. It's good to understand that correlation. So, if you're, tired of being in these tech stocks - because those are your long-term investments - and you simply want something to day trade - and you see that oil is consistently pulling back as we should be seeing for the next couple of days as it begins to correct Itself then, this is a potential outlet again. This is not an encouragement.

You need to understand that at still some form of way it comes at some form of risk right if they begin to announce that hey what's happening with our current supply levels of oil, it's going to take longer than expected. The iran deal on venezuela deal isn't going to go through then again, oil is going to skyrocket. The great thing about this is that you can simply have an outlet of knowing what goes up when oil markets go down. I thought that would be somewhat useful, especially for our beginner trader, so i hope that you guys agree - and i hope that i earned your thumbs up in today's video, so again, nasdaq market overall tech getting ready for uh, really just bracing for this interest rate hike.

Uh that we're going to be expecting this week when it comes down to the oil markets. Finally, they are correcting themselves. The only other thing that i quickly want to talk about is there are banking institutions um? You know jpmorgan chase. If you guys look at these on the day, chart they're sorry not the day chart on the four hour chart.

You can see that they're almost beginning to trying to establish a support level and then begin to indicate signs of a reversal they're just on watch territory, meaning that, like it's worth paying attention to them. So if they do begin to recover, this would be a really nice setup right. This is for bank of america, but you can look into any banking institution that you prefer. There's jp morgan, there's goldman sachs.

What's the other one uh, there's american express right there, there's so many out there. They are oversold. They are cheap right now, something to take into consideration another sector. I was gon na make a completely separate video on this.

You guys can, let me know, uh down in the comments section, our airlines airlines are super super cheap right now. Why well again, if gas prices are super expensive, what do you know jets uh run on right, gas right or jet fuel? With that being said, as things began, uh began to kind of chill out with that and as coveted restrictions begin to be completely lifted, i think, towards the end of this month. Hopefully, airlines can finally see more demand right right now. American airlines is cheap american airlines and a lot of these other airlines are not necessarily a sector where you're going to make money right now and that's kind of the question that i wanted to leave you with right.

It's a rhetorical question, a question that you could answer yourself when asking yourself: you know what positions do i want to jump into to make money now and what investments do i want to jump into to make money later down the road asking yourself. Do you see airlines recovering in the near future right? So if we were to take american airlines into consideration and if it were to recover not at all time highs, but just to previous highs right around 17 18, that's over 25 growth! That simple right! This is the conversation that i like to have with you, so you are aware of what's oversold and it's not that they have to recover right away because things can get worse but at least being aware of it. So if you set an alert, if you add it to your watch list, then you can follow up with it when it makes the most sense. I just want you to be aware of these potential opportunities, so you don't end up looking back later and be like dang it.

You know that actually would have been a good investment right. There's nothing wrong with taking your day trades to make money now on whatever's bullish today, but also, i think it's it's in your best interest or in some in our future self's best interest to look out for positions that aren't necessarily making money right now, but that Are good quality companies that we can see those markets potentially recovering in the near future? American airlines is one of those companies for me, so i'm very excited to follow up. I can make a completely new watch list uh for that and break down exactly how i would choose to trade it, but that's on you, you guys, can comment down below and we'll leave it at that. So again, we had a very interesting live trading session today, with the learn plan profit group due to the daylight savings, i actually go live every morning with my baby girl, remy and she's, my newborn and uh during the live stream.

Today she was just crying because i guess she wasn't adjusted. I wasn't adjusted, i don't know about you, but this daylight savings uh. We lost an hour of sleep and um. She was definitely feeling it more than myself and more than most people in that live training session.

So i'd love to have you uh for tomorrow's live training session whenever you're ready. If you want to be able to watch me, trade live every day. If you want to surround yourself with this type of environment uh, then yeah take one minute: click. The second link down below learn a little bit more about it and see if the learn plan, profit 2.0 team is a good fit for you.

So i hope that i earned your thumbs up. Please consider subscribing and, like always, let's make sure that we end the year on a great note: take it easy.