Facebook parent Meta is scheduled to report first-quarter earnings after the close of regular trading Wednesday.
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Hey, what's going on guys, it's Ricky with attack Bunch Solutions Hope that you guys are all having an amazing Wednesday Hopefully I Don't get stopped by the Karen next door today. Uh, but let me start sharing my screen so you guys can see exactly what it is that I'm looking at uh Tiki heq in the green 2.5 Nothing too significant testing that same support at to 25 uh, 70. as you can see pre-market normal market and we're testing it right now. same support range resistance range right around 26.40.

you guys let me know in the comment section if you guys enjoyed yesterday's video. uh when we had the Karen uh knocking on the door. but um, First thing that I want to talk about is the GDP report that is set to be released tomorrow one hour before the Market opens. This has a current expectation of two percent when the prior was 2.6 Again, this is our GDP Advance report and the market will react to what is actually reported versus what is actually expect did.

so this would be showing that we are actually seeing a decrease on our overall GDP at two percent versus 2.6 percent and again, that is at every economic report that you guys can feel free to check out already. The second thing that I want to talk about are the series of what's it called? this series of earning reports that are set to be released today. So the big one today is going to be Meta, right? Meta If you guys can check it out right now, Meta is set to release earnings after the market closes, and then Amazon is set to release earnings tomorrow after the market closes. As you can see, there's no break if pattern.

It's still testing that same support range. Everything is going to happen after market hours. Two things first. make sure you look into what the Market's expectation of its current earning report is second is, then there's going to be an earnings call.

Then the market will react based off of the actual guidance call and what is not just reported based off of that earnings report, but also what is expected for future owned earning reports. During that guidance call. Again, we've said it. We've said so many times before.

One of the things that's almost even more important is the actual guidance call itself. And that's to set the expectation for future quarterly earning reports, just like they're going to do today after the market closes in just a few hours. As of right now. again, if we look at QQQ, it's trading right around 313.

This is exactly where it was trading at after the market closes yesterday. Nothing going on today. There's no progress of lower lows. There's no progress of higher highs.

I Don't really think that the market has taken into consideration fully of where the market is actually headed if it's actually going to react in a positive way based off of Google um, which is alphabet right, the mother company as well as Microsoft reporting earnings yesterday. but I think it's waiting for Meta and then Amazon to report earnings tomorrow, right? Meta today after the market closes, Amazon tomorrow after the market closes and then we have that GDP report that is set to be released one hour before before the Market opens tomorrow. Just wanted to make sure that you guys had a full understanding of the different factors that could get influenced by the overall market. and so you guys have no reason on why you should be surprised on why the market reacts in the way that it does as of right now, trading below the moving average trading below the EMA.
So please be very careful as we're looking more bearish than we are bullish. But again, this could change on a dime and we've seen it before, all due to the actual earning reports itself. Appreciate your time again! I've been trying to answer as many questions as I could or as I can via Instagram If you guys haven't tried to message me already, Instagram is the third link in the description down below or feel free to send me a direct message via Discord if it's trading related and that's that first link in the description down below. you can join our Lpp team to be able to watch me trade live the next time that I go live at Market open.

And that's that second link in the description down below. And don't forget to enter our GTR giveaway and that is that fourth Link in the description down below. and I Don't know if you guys hear that, but we're not being interrupted in this video. so appreciate your time.

Hope that we're in the thumbs up. Please consider subscribing and like always, let's make sure that we're in the year on our green now. take it easy team!.

By Stock Chat

where the coffee is hot and so is the chat

29 thoughts on “warning new lows coming soon…”
  1. Avataaar/Circle Created with python_avatars oscar kalfman says:

    what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.

  2. Avataaar/Circle Created with python_avatars William Low says:

    Where is the crash ??

  3. Avataaar/Circle Created with python_avatars Naomi Gonzales says:

    Tesla stock dipped severally , resulting to about 23% drop in the shares value this month. I seriously need suggestions on how to diversify my $400k portfolio made up of volatile TSLA.

  4. Avataaar/Circle Created with python_avatars Michael Marsh says:

    I don't understand Ricky's bearish bias. Can someone please explain? I just follow the price action and trade every day. Why the warning, fear, urgent, don't trade BS?

  5. Avataaar/Circle Created with python_avatars Douchbagofthecentury says:

    Ricky calls for new lows and the market goes up! Could of seen that coming a mile away. Once again your chart reading skills have failed .Time to go back to school.

  6. Avataaar/Circle Created with python_avatars Christopher Presley says:

    The same high-yield potential exists in both bullish and bearish situations what matters is knowing where to look. I have been diversifying into the stock sector and trading aggressive through an advisor. Away from all the distractions around I still make profits from my investments, made $300,000 last year.

  7. Avataaar/Circle Created with python_avatars CRYPTO LATINO says:

    That's right Rick, that volume of voice is enough for us to hear and for your neighbors not to get disturbed, ha,ha. I suggest you could a shirt mic to record and it would be even better for those case. Enjoy your trip in England.

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

    Another choppy day/ week is coming. Thx for the info ๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘

  9. Avataaar/Circle Created with python_avatars Marshmellow says:

    Where do we find out about the market expectation?

  10. Avataaar/Circle Created with python_avatars Garry Singh says:

    Meta bears ๐Ÿป are burnt already

  11. Avataaar/Circle Created with python_avatars AngryDog1 says:

    Executive order 10467

  12. Avataaar/Circle Created with python_avatars Bruno Ramirez says:

    I'm not sure this is for everyone but right now, diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health.

  13. Avataaar/Circle Created with python_avatars Sanghvi Kumar Pal Mutha says:

    What about xau usd broo

  14. Avataaar/Circle Created with python_avatars Vince Meyer says:

    Thank you for the update I do appreciate it. I will say one thing about the video. The light shade above your head makes it look like you have antlers which I think is kind of funny.

  15. Avataaar/Circle Created with python_avatars Tutelary says:

    Knock, knock.๐Ÿ˜‚๐Ÿ˜‚

  16. Avataaar/Circle Created with python_avatars Daimajin says:

    Does anybody know why the Nasdaq wasn't updating today on the fidelity Active Trader Pro site or the MSN Money site? Very frustrating trying to trade SQQQ and TQQQ.

  17. Avataaar/Circle Created with python_avatars Hope4Today9 Now says:

    Ricky, I'm glad that you are putting out these videos while you're on vacation… Your wife must be a saint!

  18. Avataaar/Circle Created with python_avatars Spicana VLOG says:

    If you could afford a better place you wouldn't be interrupted by the Karen, telling you that you are too loud. So keep trading, one day you achieve it and be Karen free.

  19. Avataaar/Circle Created with python_avatars black Pyro says:

    ๐Ÿ˜‚all good Rick thanks for you sharing

  20. Avataaar/Circle Created with python_avatars El Pegriloso says:

    The whisper game is strong today ๐Ÿ˜‚

  21. Avataaar/Circle Created with python_avatars The Scratching Post Diaries says:

    Enjoy Italy. Iโ€™m going soon as well.

  22. Avataaar/Circle Created with python_avatars Sam B says:

    Your a nice guy but why the cickbaity title?

  23. Avataaar/Circle Created with python_avatars Jeff Martyn says:

    Itโ€™s all about the debt ceiling today, no deal in sight

  24. Avataaar/Circle Created with python_avatars john Dobow says:

    OMG!!! the market has been going up since OCT and ricky has been saying crash almost every single month since then. I guess keep calling a crash and some day you will be right. Day trading is gambling and if you do well now some day you will go on tilt and lose it all. there is no swing or day trader who is still in the game after15 years that haven't lost it all.

  25. Avataaar/Circle Created with python_avatars John s says:

    Ah choooo

  26. Avataaar/Circle Created with python_avatars Tetroxide says:

    Nobody can see the future. ๐Ÿ™‚

  27. Avataaar/Circle Created with python_avatars the greenery says:

    Bottom is in. We bounced off the bottom in October. We go up from here Ricky.

  28. Avataaar/Circle Created with python_avatars saul jimenez says:

    You should get a like from every person that saw your video yesterday. It had me laughing, more so cause of your face and you did not edit it out! Loved it!!!

  29. Avataaar/Circle Created with python_avatars rob b says:

    Face covering king is back ….

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