So tomorrow, the GDP second estimate is going to be released 1 hour before the Market opens and this is the Market's expectation. I Really hope that you learned something new and if you do, please consider dropping a thumbs up and subscribing to the YouTube channel. If you feel like we earned it, let me go ahead and start sharing my screen. You could see that the overall GDP second estimate is going to be released at 8:30 a.m.

eastern time Wednesday November 29th and the Market's expectation. The forecast for tomorrow is 4.3% Uh, I'm sorry, 4.3% was the previous forecast that was for October 26. The actual forecast for tomorrow is to see no change from our current which is 4.9% to the actual forecast to stay at 4.9% The reason that these economic reports are important is because based off of what the market expects and what is actually reported will determine if the market goes up or down. I'm sure many of you guys have seen it, especially if you've been watching the market like we have.

Market's been trading sideways for the past week to almost week and a half. It hasn't made any progress on the upside and it hasn't made any progress. On the downside, it's coming from a really strong rally. So again, when asking the question, are we overbought enough that it could potentially pull on back or is the market going to continue to try to rally and end the year on a very, very strong Bull Run Both are possible outcomes.

Now it's just waiting for direction to be more clear, but the market literally is stuck within the range for QQQ of around 392 and a support range of right around 388. Tesla was pretty much carrying the market today with what it released today that it's going to have an event on Thursday where it's actually going to be um, finally delivering the vehicles of the Tesla cyber truck I know I've had one in pre-order for literally over 2 years if I'm not mistaken and I have received no update on that pre-order so it's really nice to hear that they're finally going to be moving forward with that. as again they've been teasing with different pictures and different videos I've been seeing all over social media so it looks like now this Thursday is finally the day and it looks like the overall Market really you know, took it in a positive way where Tesla saw not only a 4.5% rally during normal trading hours but it also moved up 1% after market hours I Want to remind you that any reaction can and tends to be an overreaction and if this begins to pull on back then yes, it can drag the rest of the market down with it. But one thing that I do want to note with that is because of these handful of Econ reports that are going to be released tomorrow, right? The GDP second estimate should be a significant one, but the most important one is going to be on Thursday Pce prices.

It's one of The Federal Reserve's favorite monetary policy um, or economic report to pay attention to when trying to determine what it's going to do with monetary policy. especially if you're an absolute beginner. It might not make a lot of sense, but all you need to understand is there's these very significant economic reps that are going to be released this week and they will most likely move the market. Will it go up? We it go down.

That's something that we can't predict. We have to wait for the market to digest it and then choose a side. but all I'm literally hoping for is for the market to choose a side. Hopefully it breaks above or hopefully it breaks below, but I'm sure we can all agree that the consolidation or the trading sideways is doing no one any good.

So excited to keep you guys up to date! I Will be live streaming tomorrow right at Market Open for my live trading session and I would love to see you there and that's the second link in the description down below If you want to tune on in to watch me trade live, especially if you're and absolute beginner I Hope that ear thumbs up! Please consider subscribing. And like always, let's make sure that we end the year on a green note. Take Care team.