Stock market news today: Stocks sell off amid jobs beat, bank jitters.
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The Federal Reserve conducts the nationโ€™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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If you guys thought today was bad, just get ready for Tuesday When the CPI data report comes out. what's going on? Team: It's Ricky with Techbook Solutions And just for the cherry on top again my learn plan profit team got to see it all happen. first. 27 555 and don't forget about my freaking 71 cents I Left myself with my one lucky share and just you.

So you see: I Did not trade both sides I only have my one lucky share that I've had before with Tkq didn't trade Tqs today, we shorted the NASDAQ Market My trades were far from being perfect, but we still walked away with a nice little chunk of change. Based off of how the market played out, what happened, well, not just with Silicon Valley Bank You know, pretty much needed to get billed out right? It's the second largest bank in the U.S when it comes down to assets under management. On top of that, we have a two, uh, two series of reports that were released today. Let me go ahead and pull them up very quickly so we have the non-farm payrolls coming in higher than expected, dropped the market.

unemployment rate came in higher than expected, but that would have caused the market to go up I Think there's still a lot of uncertainty of what's to come next week. I Wanted to keep today's video super short and sweet. Next week on Tuesday there is our CPI data report. I'm going to leave it up to you guys I Want to host the live stream? Get this video to over 2 000 likes Tomorrow are on Tuesday March 14 2023 at 8 30 A.m Eastern time.

So if I'm not mistaken, it's daylight savings this weekend or next weekend, right? I'm not too sure, but with that being said, that means that one hour before the Market opens at 8 30 A.m Eastern time, this inflation report is going to be released I'm either going to only live stream it for our learn plan, profit team or if this video gets over 2 000 likes. I'll live stream it for everyone here on YouTube Just drop a thumbs up, subscribe to the channel and turn on your post notifications. But this is super super important right? Because in the month of January we we still saw an increase month over month for inflation, but a decrease year over year, right? Uh, what? The 12 month adjusted inflation? The way the CPI data report is calculated. So for those that are asking, well, what exactly does that mean we need to see and relation actually dropped below 6.4 percent.

That is our current inflation rate just so you could see that right on over here. Six point four percent and a big contributor for that is going to be the energy sector. We need to see energy drop month after month after month. In my opinion, if you're going to be asking that question, I'm going to keep it simple: I Do not think and it's just my opinion and I can be 100 wrong based off of what we've seen and based off of what I'm seeing I Do not think that the inflation report will come in lower than expected, but let me share this with you.

I did predict the non-farm payrolls right because I pay attention to the initial claims for the number of jobs that were created uh for the month of February but I also did not expect unemployment to go up I thought unemployment was going to go down so I want to be open with you guys, right? I'm not right 100 of the time and I'm not here to pretend to be I Also, don't have an open position anymore on Skq I'm no longer shorting the market I closed my position I left myself with my one lucky share I only have my one lucky share on Tqs so I'm cash I I genuinely do not care if the market goes up or the market goes down I know I'll make money regardless, right? because I will wait for direction to be more clear and then I'll jump into it. If you're part of my Lpp team, you know exactly how I trade. So I think the Market's going to sell off based off of everything that's going on right? today's a perfect example of that. It's like almost a perfect domino effect for a perfect recipe on Tuesday for the market to just drop.
And let me show you one last thing, it's the last thing. I'm going to show you look at: NASDAQ Do you know where we stand on the four hour time frame are all the resistance level is testing to be our new support level. If we break below this 288, it might be on Monday Or really, it might be on Tuesday right when that inflation report is actually released. If you're asking, can we drop even lower, that shouldn't even be a question.

Yes, if we break the support level because of the inflation report coming in higher than expected, meaning that inflation is actually Rising Once again, that will justify the Federal Reserve being more aggressive with future interest rate hikes causing the market to sell off the market. The Economy: People do not like higher interest rates. When it's more expensive to borrow money, you're less likely to spend money. And if you're less likely to spend money, then the economy doesn't grow, right? It's not rocket science.

It's very simple. So how do I have this expectation? It's because we know how things work, even in the most simplistic way. right? We're at a support level If we break the support for Nasdaq This is not for for one specific stock. This is a support range for Nasdaq And it's a critical support range.

If we break below this, get ready for the doors to open for the Bears to come out and I will short the market with every penny in my account. if we break the support range. But if we show signs of a support and if the inflation report comes in better than expected meaning lower than expected, then I'll go long, right? There's money to be made on the way up. But just based off of the Silicon Valley issue, What's going on right now with the overall NASDAQ Market the labor market and this up and coming CPI data Report: there was no question that a lot of people have concerns of inflation being sticky and based off of what I said last month and the month before that I think that we will no longer see inflation coming down month after month as we've seen since last year.
I Think Now, because we've pulled back enough with that inflation. Uh, that inflation rate, we're going to begin to consolidate just like a stock we could we Peak and then we sell off. But then at some point right, we begin to consolidate. It's not as smooth sailing as it first was, and that's what I'm saying.

I Do not think that month after month we're going to continue to drop and as soon as inflation doesn't continue to drop, the Federal Reserve will justify being more aggressive. Jerome Powell Who's the head of the Federal Reserve has said it first, right? So for those that are like Ricky why are you so negative? why do you want the market to crash? It's not that I want it to crash? is that everything is hinting on the market selling off because the Federal Reserve will have to be more aggressive. Remember, it's not rocket science. It's simple.

Don't over complicate it. Don't allow your emotions to over complicate your trading. The stock market is a horrible place to figure out that you have an ego problem. It doesn't matter if the Market's bullish, it doesn't matter if the Market's bearish, there is always money to be made.

You focus on one thing and that's Market Direction. So again, I've said it before: I work with one team and one team only and there's nothing else that I offer. It's my Learn Plan Profit Group and if you want to watch me Trade Live every day just like you got to see today, right? I Trade live exclusively for my Learn Plan Profit Group every single morning right at Market Open And yes, you get automatically entered for a chance to win this 2019 Nissan GTR or 50 000 cash. You get 5 000 automatic entries just by signing up today.

So for all new members, it's 5 000 automatic entries and you join Learn Plan Profit 2.0 We're running our biggest seller to 150 off and it's the second link in the description down below. So if you're asking the question, how can I get started I'm an absolute beginner I want to work with you on a closer basis? This is the only thing that I offer. you can either watch my free videos on YouTube and try to figure it out on your own, or if you want to condense the time that it will take for you to learn how to do this, then click the second link. learn more about alarm playing profit group and see if it's a good fit for you.

And if so, I'll see you at Market Open and you will earn 5 000 automatic entries for the GTR giveaway. On top of that, head on over to Shoptechbeds.com and for every one dollar that you spend on the site, it equals five automatic entries for that GTR giveaway. If you have any questions beyond that, send me a direct message via Discord or via Instagram and that's the first or third link in the description down below. And for those that are asking I am using the Weeble trading application, it's free for everyone in the US.
And yes, right now they have a limited time promotion with a 12 free share sign up. Bonus that if you sign up the fifth Link in the description down below, so everything is linked down below. The fifth link, deposit five dollars when you sign up and you will earn twelve free shares. So if you have any questions, feel free to message me.

Other than that, get this video to over 2000 likes, Subscribe to the channel and I'll see you for that CPI data report. Like always, let's make sure that we end the year under Green now. Take it easy team!.

By Stock Chat

where the coffee is hot and so is the chat

30 thoughts on “warning new lows are coming…”
  1. Avataaar/Circle Created with python_avatars timesquare stocks says:

    Considering the prevailing inflationary conditions, it appears improbable that the stock and housing market will register substantial gains in the immediate future. Therefore, it is advisable to temper one's expectations and acknowledge the potential length of the market's recovery period. It is my professional opinion that it would be prudent to defer any significant investment decisions until the economic environment stabilizes in areas of concern. Until then, exercising caution and refraining from engaging with the current turbulence would be the most judicious course of action.

  2. Avataaar/Circle Created with python_avatars Debbie Scott says:

    From what I have heard though, the unemployment rate dropping is NOT good for inflation. They want to see unemployment RISE to know that things are getting better, so this is not a positive sign that they've done enough to combat inflation. I could be wrong though, but this was my understanding.

  3. Avataaar/Circle Created with python_avatars Owen Kalfman says:

    I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isnโ€™t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day. Any advice on how to go about this?

  4. Avataaar/Circle Created with python_avatars kk sch says:

    Adobe DPI came in much lower… Although that indicator is like the weather. Sometimes it nails it, other times its way off.

  5. Avataaar/Circle Created with python_avatars Hola! Lux says:

    Very excited for this week

  6. Avataaar/Circle Created with python_avatars Yasss Gawwwd! says:

    Monday is On!โคโคโคโคโค๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ

  7. Avataaar/Circle Created with python_avatars mnc says:

    LPP is a great community โ€ผ๏ธ
    Ricky is a straight shooter

  8. Avataaar/Circle Created with python_avatars Britt adelbai says:

    thanks Ricky

  9. Avataaar/Circle Created with python_avatars Northern Hemisphere Hellfire says:

    The dollar has been weakening and demand is still high. CPI could surprise to the upside.

  10. Avataaar/Circle Created with python_avatars Bondy Joseph says:

    Good Angle…A lot of folks have been going on about an upcoming rally too and said stocks that would be experiencing significant growth these new year season, any idea which stocks this may be? I just sold my home in the Boca Grande area and Iโ€™m looking to remunerate a lump sum into the stock market before stocks rebound

  11. Avataaar/Circle Created with python_avatars Gunavansha K D says:

    Fed is meeting congress on Monday morning 9.30am. Fed will have to back up the SIVB and it will be done!

    Probability for 50 bsp was 75% on Wednesday and it dropped to 25% on Thursday and Friday.

    Despite CPI comes hotter, FED is bound not to do more than 25 bsp or even not to do anything and take a pause for a month or two. What happened is proving the so called lag effect of the fed policy so far.

    Fed is and will be highly criticized as to the fact that they were not foreseeing SVIB issue and the similar issues can happen if Fed doesnโ€™t take an immediate pause.

    On the other hand, some economists are also predicting CPI will be slightly lower or even at par with what was in Jan.

    Despite a hotter CPI, things are interfering in a way that market will not find one strong reason to go dune future. It will be at range bound.

    Bond market is also suggesting that stock needs to go up or at least stay where they are now.

    SVIB issue is an even that happened on Thursday and will be added to the history!

  12. Avataaar/Circle Created with python_avatars GODFIRST says:

    This year seems slow , especially financially ๐Ÿ˜”
    I feel like inflation is affecting majority of us God will help us ๐Ÿ™

  13. Avataaar/Circle Created with python_avatars Efrain Montes says:

    You now have over 2,000 likes im exciting to see you live next Tuesday for CPI Report hoping for the Bear ๐Ÿป to Roar! Sell off! Let's go!

  14. Avataaar/Circle Created with python_avatars William Tran says:

    hey ricky itโ€™s โ€œyouโ€™reโ€

  15. Avataaar/Circle Created with python_avatars Providencez says:

    There's no uncertainty from biden. He said the coming CPI will be solid.

  16. Avataaar/Circle Created with python_avatars Jason says:

    Monday will be green in the beginning of the day then possibly drop mid day. If they donโ€™t start fudging the inflation numbers it will be hot. Tesla was the only stock green on Friday that could mean something.

  17. Avataaar/Circle Created with python_avatars Coolio Kittenhair says:

    People who think youโ€™re being negative are mainly averse to making decisions based on critical thinking.

  18. Avataaar/Circle Created with python_avatars Tommy Turner says:

    Tuesday will be fun….

  19. Avataaar/Circle Created with python_avatars McCain Merren says:

    Ricky the biggest bear in the business!!!

  20. Avataaar/Circle Created with python_avatars jace g says:

    Letโ€™s see if chatgtp is right about March 15

  21. Avataaar/Circle Created with python_avatars Timothy Stouffer says:

    It's easy to make alot of money when you have alot of money. Just like the old saying goes, it takes money to make money

  22. Avataaar/Circle Created with python_avatars Timothy Stouffer says:

    Our corrupt and evil government is doing ALL OF THIS on purpose.

  23. Avataaar/Circle Created with python_avatars Knowing is half the job says:

    Crash coming at around 60 days from now.

  24. Avataaar/Circle Created with python_avatars German Shepherd Daphne Channel says:

    Iโ€™m thinking a crash later this year

  25. Avataaar/Circle Created with python_avatars Grace ๐Ÿ’ฐ says:

    Amazing videos and thank you for breaking it down!! Despite the economic downturn, I'm so happy have been earning $ 55,000 returns from my $9,000 investment every 14 days.โ€ขโˆšโœ“ยฉ

  26. Avataaar/Circle Created with python_avatars Brad W says:

    Went to a vehicle auction and prices are way down from the norm. The thing Iโ€™m looking for is, when will bad news become bad news again.

  27. Avataaar/Circle Created with python_avatars Sam McVea says:

    Go Ricky go ๐Ÿ‘

  28. Avataaar/Circle Created with python_avatars DAMEIN O'FERRALL says:

    might come it lower then expected, market pumps pre-market and crashes by 10am. kind of like it did in November.

  29. Avataaar/Circle Created with python_avatars alkaidess says:

    700 likes people hurry up

  30. Avataaar/Circle Created with python_avatars Zeus says:

    Thanks Ricky !!!!

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