Breaking News: U.S. mortgage rates climbed above 6% this week, their highest point since 2008 and more than double their level a year ago, squeezing the budgets of would-be home buyers.
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#cpidata #fedmeeting #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
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.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
1. ๐จ Message me any questions: https://discord.gg/kwVQtmu
2.โ LPP 2.0 $100 OFF (LIVE TRADING): https://bit.ly/100OFFLPPNOW
3. ๐ธ Ricky's Insta: https://www.instagram.com/rickygutierrezz/
4.๐ฅ #1 Trading Mousepad: https://shoptechbuds.com/
5.๐ Free 6 FREE Stocks (WEBULL): https://a.webull.com/i/RickyGutierrezYouTube
For those who are interested in Trading & Investing, I encourage you to join Our Free
Trading Group of over 310,000!
#cpidata #fedmeeting #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
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.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
"People rarely succeed unless they have fun in what they are doing." –Dale Carnegie
Sure! We just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. However, if I were to draw a conclusion, it would be that "Small Cap investors sell because they are worried about the weekend. Despite the Russell being up. In my portfolio, I'm noticing more red than green.
Ricky, thank you so much, man
Mortgage rates has been high for the past few months and housing costs has dropped significantly. 6%? Nothing new here. Whatโs the big deal
โฆwas a great day for inverse leveraged ETFs
How much money you lost in the last few days?
If you have good credit, you can still get a below 4.8 rate…
Don't believe me…try it out yourself…
Pit different lenders against each other and you can still get a good rate…
๐ป
Biggest lesson of 2022 in the stock market: Nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Why do you always wear the same black T-Shirt?
These past few days watching my portfolio decline is very disheartening. Holding doesn't really profit much, any idea how on how to earn better on the short run?
Hello Ricky, I am from latinoamerica but living in USA. I would like to start learning about trading, Iโm really interested. But first I would love to learn in Spanish, do you know of any person that I can follow who teaches in Spanish very well like you?
that new Wall Street T is no joke!!!! Ricky n team getting swaggy lately
I didn't catch that until now and I stay on releases all day.
You know what's kind of neat/crazy/subtle about trading? Your APPROACH/PERSPECTIVE each trade/day will ultimately play a HUGE ROLE in determining success (or failure.)
Meaning, if a trader gets too involved emotionally, or if they are prisoners of the moment, this drastically hinders judgement and clarity.
Ricky is CLEARLY emotionally detached from the market, this allows him to analyze factors/indicators/data without BIAS.
Good for you Ricky, it's VERY impressive you're able to do that being so young.
its simple.. whatever you think will happen do the opposite.. since your always wrong inverse yourself ๐
Ricky how many Tesla shares do u own now ??
SPY testing 390 again. If we don't hold we could be going back to test the lows
I am a day trader. This has been the best couple weeks ever for me.
Some gud daily runners though. ๐ค
Great video! Thanks Ricky for your insights on the market! Really appreciated!
That's what's crazy, that the VIX, isn't that bad. Hopefully Friday is a green day, or go with SQQQ. And you're 110% right, keep it simple. Less symbols, is a lot easier to manage. Just staying with cash on the sidelines ready to pull the trigger. Thank you very much, no more listening to others. Bad idea, unless it's someone like you who does this all day everyday!!!! ๐๐๐๐
Contrary to whatever these guys try to feed you, the higher the rates the better for real home buyers. The reason the fed needs to raise mortgage rates is to bring home prices down. Although that is step one to fix the crisis, the problem is, they then go back to low rates again. What they should do is keep rates double digits to for second/multiple home buyers and tax double for every home owned. There should be no easy mortgage issued for so called Investments, minimum 60% down payment should be required for such mortgages and no longer terms than max 10 year. The reason we are in a housing crisis is because the Rickys of America obtained low interest no money down loans and jack up the prices to astronomical highs. They are basically economic terrorists.
I always take your honest advice ๐๐ผ
Now isnt the time to day trade?? Well, you lost me there. We day traders love volatility. Its the days where it just ranges between a hundred dollars (I trade the NAS100) that I hate. That was almost a 1,000 dollar move. I live for those days. The market broke some key levels of support today. In my opinion, this keeps going down.
I lost 600 today
Do you think there will be a big crash for focm meeting next week or it is allready priced in ? Will be break the major support and test the June lows ?
trying to get higher rates before the housing crash
Real estate needs a major correction.
the plunge protection team is fighting hard to keep sp500 above 3900, cause when that level breaks, look out below.
Well the buy the rumor sell the news in the eth merge kinda exacerbated the downtrend in my opinion.