On Wednesday afternoon, the Federal Reserve didn't just raise interest rates for the ninth straight time in the face of a banking crisis. It also affirmed that its plans for the year remain more or less intact, and that nearly all of its leaders expect at least one more rate increase to come.
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The Federal Reserve conducts the nation’s 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.
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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The Federal Reserve conducts the nation’s 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.
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 an insane day! What's going on Team? It's Ricky here with Tackled Solutions Hope that you guys are all having an amazing Thursday I'm so happy to be back here in Arizona We're going to resume our live trading sessions tomorrow. So again, if you are ready to join our team and you want to be able to watch me trade live, that's going to be that second link down below. You can sign up today and actually watch me trade live as soon as tomorrow. And of course you have the biggest discount and you get 5 000 entries for our GTR giveaway without further.
Ado Let's go ahead and jump right into this what is going on with the NASDAQ Market Let me explain to you what I think and you guys can feel free to share your thoughts down in the comment section. I Personally don't think the market knows what it's going to do right? I I Don't think any of these news outlets understand what is going on either, right? So this is one of the Articles Today stocks rally after Fed signals rate hikes near end. So pretty much what that is saying is that yesterday in the Fomc meeting Jerome Powell said that yeah, they could be pretty close to their interest rate hikes that they have been doing on a monthly basis. This was the ninth as of yesterday.
ninth consecutive um, or ninth interest rate hike. That the draw that the Federal Reserve has had in the past FMC meetings, right? It wasn't anything significant. It was one of the smallest ones, right? just like the one prior. But if you read this article, you would be like okay, Market's going to continue to go up right? Because stocks rally after Fed signals that rate hikes are near end.
That's good news, right? No more rate hikes means that it's not going to be as expensive to continue to borrow money. Uh, people are talking about that. The Federal Reserve might begin to Pivot soon. Which pretty much means instead of raising interest rates, you're gonna have to cut your interest rates because of what's going on with the banks, right? So lower interest rates would mean cheaper money for people like you and I But then we run the risk of inflation going back up.
Nonetheless, that is a good sign for the market. That is what this headline tells you. There's a lot of headlines like this today, but if you look at just yesterday, right, one day ago, stocks drop after Fed raises rates. I mean the continuous back and forth that if you feel like you do not understand what is going on, why did we go up yesterday versus going up today I Mean let me share your my thoughts with you right? If we go on this four hour time frame, this is the NASDAQ ETF This is QQQ It's very easy to see that.
I Mean First off, the rally that we experienced today that seven percent move. Uh, it was very short-lived right? because if we go on that five minute time frame, we could see that by the time I actually sent out I don't know if you guys are going to be able to see it. Um, let me go ahead and pull it up here. by the time that I landed back in Arizona I had a red-eye flight uh I don't know if I'm gonna ever do one of those again I left Hawaii which is three hours behind Arizona time um at 11 30 p.m and then I got here at around 8 00 a.m right? So it's just a weird change. Um, but as soon as I landed I took a position on S key Cube so we can see that it's 8 17. I Sent this out to my Learn Plan Profit Group and of course if you join our Learn Plan Profit group, um, you know, not only do you get access to my live trading sessions, but you always you also get access to this. But you can see here that 4 200 shares I bought in at 31.44 And the really cool thing about this is that if you pay attention to that 3144, where exactly does that put me that was and I never again I Openly say this: I never, ever ever buy at one of the lowest price points, right? Um, the main reason was it was very easy for me to see that today was kind of an overreaction of the market trying to decide of what it's going to do, right? We're overbought enough on the four hour time frame that if you look at previous resistance range right that we had back in the beginning of February right today's March 22nd nearly two months ago, we have not shown much signs of progress. You might be like, alrighty.
last time we only hit highs of like 314. Right now we hit highs of 315. That's not a big difference, right? It's still within that same resistance range. So the way that I see it right now is the market does not know if we're gonna surpass this resistance range, right? Especially with what was announced.
I Mean some people were expecting that there weren't going to be any interest rate hikes and or a potential rate cut. and that's not what was announced yesterday. but baseball of what happened today, the market tried to Rally it got rejected on the five minute time frame. It's as clear as day that as soon as we began to Peak there are signs of consolidation.
Consolidation is lack of progress. and if there's lack of progress, then there could be a change of direction. right? if you're part of our Lpp team. Within the course, we talk about the three stages of a reversal, and this is literally the perfect setup for the three stages of reversal rejection, consolidation.
And then we wait for that confirmation, right? Especially if you're just getting started. Confirmation is definitely key. This thing began to recover and from being down seven percent for Sqeq on the day it gained. um, and let me calculate exactly again In a perfect world, which again, I am nowhere close to being a perfect Trader But this was a 7.4 percent move right? If you focused on not being greedy, and if you focused on locking in profits on Tqs, you could have played both sides right.
Because if you look at Tkq, it was very easy to see that there was no more signs of progress and that we were testing that same resistance range that we had you know, yesterday. so it's very easy to see that so I would have locked in profits here, especially at the break below the EMA. And once this thing sold off, it was clear as day that Sktq was gaining some momentum, began to rally, And just like yesterday again, yesterday's resistance was right around 33.63 What was today's resistance right? around 33.60 That's not rocket science, it's literally just being able to look at previous patterns and not being greedy and knowing when to get in and to get out effectively. right? And now we're pulling on back. It looks like we're pretty much going to be closing pretty close to where we opened at today, which I'm actually quite surprised although it is a Green Day right 1.3 percent. The thing that I continue to ask myself is, are we showing continuous signs of progress? Now There is no confirmation of a reversal just yet, but we are showing signs of a resistance range based off of previous patterns and I really don't think the market knows what it's going to do right? If you take a little bit of a further step back, you get see that if we do break Above This resistance range, the next one is going to be right around 33.25 to around 3330. Which means that if we could surpass this 30 or this 315 resistance range, that could mean that our next one is going to be 10 to 15 above where it is that we're currently at right now. But remember it's stepping stones and looking with how looking at how things are you know presenting themselves right now I Just don't we don't have confirmation yet.
All these news outlets continue to try to spew with whatever the market is doing and I really don't think the market knows what it's going to do? Are we going to continue to rise because the market really did appreciate the lower interest rate hike and that we really are gonna begin to no longer have more interest rate hikes because then that would begin to make sense. That makes sense on why the market can continue to move higher right? or because of what Jerome Powell said in yesterday's speech right? Is the market still uncertain that if things continue to get worse? if economic data doesn't show that inflation is continuously going down, can this support further interest rate hikes or more than what was previously expected? And then this could support the market sell enough as of right now. on the technical side, we're at a specific resistance range. so if you are having trouble deciding I don't know if I should go long I don't know if I should go short.
The market doesn't know either, right? Your job is not to predict your job is to prepare. So one of the best things that I can ever share with you is that please be mindful of your position size. When things are uncertain, you shouldn't be scared to take a position, but maybe size down. If you want to go long, then go long because if you believe that the market is going to continue to rise, then so be it. But do it with the position size, in which that respects the uncertainty. If you believe the Market's going to go short, I wouldn't really go short right now in the sense that holding that position overnight, there's nothing wrong with going short if you see an intraday play. But as of right now, we have to respect that. The market is bullish.
We are about VMA we are above the moving average and we haven't confirmed that the Market's selling up if you want to go in very early. Then again, just be mindful of that position size. but I just wanted to make sure that I shared my thoughts with you guys. and based off of how the market just closed, right, we can see that from where we closed at right now we're right around 309.38 and our open today was 309.83 So literally, from where the market opened today to where the market closed, it was nearly a break even day.
the uncertainty is Among Us right tomorrow's Friday and I wouldn't expect anything crazy in the sense that you know it's not a Make, It or Break It type of day. it's towards the end of the week. you have all of next week, you have all of next month and you have all of this here. I Want to remind you that you have nothing but time and there's no reason that you need to enter a forceful position and being super aggressive right? Do not put yourself in a position in which you cannot tolerate the worst case scenario.
But overall, I'm very excited to follow up and I hope that you guys are too. So I'll make sure that I keep you guys all up to date, especially if you're part of our Lpp team. I'm going to be trading live with all of you guys tomorrow right at Market open and I'm excited to do it. So other than that, I will see you tomorrow at Market Open for our live session if you want to join us.
and if you want the biggest discount with entering 5 000 times to our GTR giveaway, that's that second link in the description down below that is correct. for all new members that join Lpp 2.0 right now you get 150 off which is our biggest discount. It's a one-time payment lifetime access. You get access to everything and you also get entered automatically.
You don't have to do anything 5 000 times towards our GTR giveaway or fifty thousand dollars cash. It's one of our biggest deals and our biggest sales and again, that's that second link in the description down below. Also, don't forget you can pick up your favorite items at Shoptechbuds.com or the fourth Link in the description down below. We just added some new items with the Paul Walker tea, some carbon fiber um, you know, wallet and then some.
Just some keychains. but again, a bunch of new items on shop Tech Buds and for every one dollar that you spend, it equals five automatic entries towards the GTR giveaway or fifty thousand dollars cash. So really do appreciate you guys time. Feel free to send me any messages uh, through Discord or through Instagram and those are all Linked In the description down below I Will see you tomorrow at Market Open And like always, let's make sure that we're in the year on a green note. Take it easy team.
Love your content bro, by far the best in terms of valuable guidance. Not just pumping penny stocks or stock recommendations in general. just generally great advice on how to trade successfully. Newbies need to stick to this type of content to survive, forget about profiting in this market, best case scenario is surviving and learning.
Firming policy is the new term for rate hiking.
Insightful video…The most important thing that should be on everyones mind currently should be to invest in different sources of income that doesn't fully depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
True clown at best… Why people still follow his clueless prediction? Eventually market will crash but by that time, you all followers are working at mac donald after blowing up….
I jumped in on SQQQ at $31.52 also. At that point we were bouncing up from $31.40 or so. It was pretty awesome to be able to identify that we'd hit the bottom for the day. I ended up locking in profits at $32.96 and I regretted it cause it went all the way up to $33.50 or so but I got worried we were coming back down lol.
Interestingly enough, now QQQ makes more sense than it did the past 4 days. The bull rush was devoid of all logic, at least now QQQ is reflecting a more predictable trend.
Buying the dip tomorrow. Will keep adding longs as it goes down toward 3930 or < area.
Absolutely, Ricky. Position sizing is definitely critical
Yesterday was Ridiculous! I have stopped trying to understand NASDAQ, there is just no sense to it, I think. I hate it and love it at the same time.
Got two evils on your tail, which one is the lesser? Don’t forget Yellen came out and said they cannot secure all deposits, only some.
It’s a Jekyll & Hyde market
this is so obviously the plunge protection team jumping in this morning loading up on index funds, then dumping and making millions off the retail investor. dumb money. getting taxed w/o even knowing it.
That’s a double top….
🤪🤔🥴Me at the moment, Dazed and confused, LOL think i'm losing it. Lost it.
Creating another source of income in these difficult times is the best thing to do not only does it guarantee returns, it also helps you plan and save for future expenses I hope everyone who reads this will be successful in life
If Yellen didn't come in and do a hail mary, this market would have been much lower! Buyers or algos? But yeah what a day!
I was up $650 today and quickly reversed on me and ended up closing with $96.
Lesson: don’t be greedy 😔
Powell is a Chinese asset
I have NO faith in trash Dollar. Buying EURos and holding.
Team! which team?
When the Fed Pivots the market will CRATER.
Degens all found 0DTE’s since Robinhood offered them. It’s a bigger gambling swing now 😊🤣
So you didn't make any trades but if you would have you would have made money is that what you're saying
How's WeBull been for your trading? Do you use any other platforms?
Kept higher by the market maker. It may be allowed to go down, but in controled and managed maner.
What is this guy a "Perfect Trader" ????
Watery eyes, muffled voice.. you’re getting sick sir!
❤
Choppy market like some good news of fed action , on the other hands bank run consequences it's still there and contagion. Seem easy to trade but holding till both side reach the end is difficult for me
Market supposed to go down since sqqq at 41$ 2weeks ago! And where we are? 10K just disappeared from my account man. I still love your content but why would you charge people 300$ for trading with you if you don’t know what you doing just like me:) waiting for crash. Cheers