Stocks are modestly higher as Wall Street looks to cap off a winning month: Live updates.
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So it looks like today is just another day to possibly not even trade. What's going on guys, it's Ricky here with Attack Mode Solutions I'm not too sure if I'm the only one that is struggling to be able to identify Market Direction but Market just continues and continues to be super super choppy. One of the things that we've shared is at least myself: I've gotten myself in some big big trouble anytime that direction is unclear and I force a position either on the bull side or the bear side right when direction is unclear. I've learned that one of the best things to do is just to stay cash Until again, Things become more certain.

Uh, today is the last trading day of the month for July and I Thought that I would take this time to at least talk about maybe what's the plan for this week, right? So when it comes down to overall earnings, we talked about this very uh, quickly yesterday. So Sofi reported earnings pre-market We have the list of aftermarket for big Tech we have before Market Uber aftermarket on Tuesday AMD Before Market opens on Wednesday we have CVS and Humana and then on Wednesday after the market closes we have Shopify and PayPal the big Tech right? the biggest is Amazon and Apple that is going to be reporting earnings after the market closes on Thursday and then Fubo and Nicola report before the Market opens on Friday. When it comes down to different economic reports, one of the biggest ones that I'm going to be paying attention to this week is the unemployment rate that is set to be released one hour before the Market opens. and that is this: Friday At 8 30 a.m eastern time today, the Chicago PMI report was released.

Nothing too significant, barely moved the market 42.8 with the expectation of 43. so again, nothing very significant there. We do have a series of reports that are going to be released tomorrow once the market is already open, and then a handful of them that are going to be released on Thursday uh, pre-market and then during normal Market hours, but the most significant one at least in my radar, is definitely going to be the unemployment rate. Other than that, again, it's just.

it's kind of frustrating on days like this because today is the last trading day of the month and normally it's something that I like to call headline momentum. So depending on the market sentiment on how the market has been performing that month will kind of determine which way the market ends up actually going. I've seen, you know, I've seen many days like this where the Market's been very bullish for the entire month and for no apparent reason. No fundamental reason, not even a technical reason, but for some apparent reason just because the market has been on track to end the month green, it rallies on the last day to make sure that it ends green, and I've also seen it the opposite way where the market is on track to have a very poor month.

and if that's the case, then it just sells off even more aggressively for that month. So it's going to be interesting to see if we actually end up closing in. The green As of right now, NASDAQ Market is only up 0.18 and one of the things that I want to remind you, especially for those that are just getting started. If you are under the PDT Rule and you are forcing a trade on a day like today, in my opinion, it's kind of a waste of a day trade, right if you're not in the under the PDT rule, which means that you can day trade more than three times within a five business day period.
Uh, then again, I guess it doesn't affect you that much, but still, the idea of being selective during unclear direction or or making you know, uh, one when overall patterns are uncertain, we don't know if we're going to begin to show progress on the upside or progress On the downside, when we look at this on the five minute time frame, we can see that we're still testing the same resistance range on QQQ. It's important to know, right? we're at a resistance range for QQQ. If we look at the 30 minute time frame, we can kind of see the bigger pictures. Same resistance here.

Could we break out Of course? but we could wait for confirmation Just as again. This morning we tested the support at the Dma line on the 30 minute time frame. so who knows what. if we get rejected here, we go back to retest.ema we break that EMA and then we begin to sell off.

This is why confirmation is key. Remember our job is not to be perfect. Our job is to just to be a little bit better than what we were doing last week. And what's something that I Think that we can all improve on waiting for confirmation, position sizing, being selective, right? And that's why I'm making this video just to remind you that again, any time that you are in doubt of a position, why not cash out and just literally stay cached.

So if you guys have any questions about what we talked about today, feel free to send me a direct message via Discord which is the first link in the description down below. Again, I Do trade live every morning I'd love for you to get a taste of what the Lpp team gets to experience every single day. and that's going to be the second link in the description down below. I Appreciate your time, make sure that you prepare for big Tech earnings this Thursday after the market closes, I will be live streaming it.

so just another reason to subscribe. Like always, let's make sure that we're in the year 100 green now. take it easy team!.

By Stock Chat

where the coffee is hot and so is the chat

27 thoughts on “warning don’t waste your time trading today…”
  1. Avataaar/Circle Created with python_avatars vizyon says:

    what is this ONSCHAIN?

  2. Avataaar/Circle Created with python_avatars Kendin Ol says:

    I bought a three thousand dollar ons token. Let's see!

  3. Avataaar/Circle Created with python_avatars JOSE TEJEDA says:

    Key word here is diversified to be a successful trader on this market you need to react on the correct time to buy in if the stocks you trade on a daily basis is not moving that's when you put in place a plan b if that doesn't work out push the pause button and do it all over again next day .

  4. Avataaar/Circle Created with python_avatars The Bora 2 says:

    we buy onschain for 20 cents now we are at the top when it's 2000$

  5. Avataaar/Circle Created with python_avatars bigsidable says:

    FREAKING GREAT DAY HERE. UP 5%. UPSIDE. HAVNT SEEN THAT IN A 5% UPSIDE SINCE LAST MONTH.

  6. Avataaar/Circle Created with python_avatars Donsinanos says:

    I bought four thousand dollars tokens from onschain, a year later I will sell it for forty or fifty thousand.

  7. Avataaar/Circle Created with python_avatars Damanpreet singh says:

    I traded today and it was in green only!!!
    Usually i am always in red….

  8. Avataaar/Circle Created with python_avatars Suizde says:

    Can you review the onschain?

  9. Avataaar/Circle Created with python_avatars Twixiy96 says:

    I work with Wixpool. In just 5 months, I made a profit of +150%.

  10. Avataaar/Circle Created with python_avatars Hangama pk says:

    I work with Wixpool. In just 5 months, I made a profit of +150%.

  11. Avataaar/Circle Created with python_avatars The Art Book says:

    I work with Wixpool. In just 5 months, I made a profit of +150%.

  12. Avataaar/Circle Created with python_avatars nitemares1k says:

    I work with Wixpool. In just 5 months, I made a profit of +150%.

  13. Avataaar/Circle Created with python_avatars Maurice Lee says:

    I logged in profit of $3k on tqqq today

  14. Avataaar/Circle Created with python_avatars Hola! Mr.sugarloves Xrp says:

    Scammers

  15. Avataaar/Circle Created with python_avatars Hola! Mr.sugarloves Xrp says:

    Nuthin will happen

  16. Avataaar/Circle Created with python_avatars robert livingston3 says:

    Today is no good!

  17. Avataaar/Circle Created with python_avatars Dulce Dominguez says:

    Pltr

  18. Avataaar/Circle Created with python_avatars Donsinanos says:

    Onschain will blow the market to the moon

  19. Avataaar/Circle Created with python_avatars Live N The Moment says:

    You're definitely πŸ’―%right. Thanks for all that great info πŸ‘πŸ‘πŸ‘πŸ‘

  20. Avataaar/Circle Created with python_avatars Azazverusta says:

    The news is published, onschain will be listed on binance

  21. Avataaar/Circle Created with python_avatars AirJarKilla says:

    How much did Ricky lose on his trade this morning?

  22. Avataaar/Circle Created with python_avatars Jonathan Estacio says:

    holding amazon puts, need a dip

  23. Avataaar/Circle Created with python_avatars Lisa Farrelly Whatley says:

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Miller.

  24. Avataaar/Circle Created with python_avatars Fenomenoe9 says:

    I traded the levels got my target time to stay cash

  25. Avataaar/Circle Created with python_avatars Donsinanos says:

    If Binance says, he knows

  26. Avataaar/Circle Created with python_avatars Freebo says:

    SOFI, PLTR, TOON, NKLA, RGTI… makin bank in a neural day

  27. Avataaar/Circle Created with python_avatars Js Nam says:

    literal crab market

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