Facebook parent Meta is scheduled to report first-quarter earnings after the close of regular trading Wednesday.
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The Federal Reserve conducts the nationโs 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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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!.
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.
Where is the crash ??
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.
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?
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.
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.
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.
Another choppy day/ week is coming. Thx for the info ๐๐๐๐๐๐๐
Where do we find out about the market expectation?
Meta bears ๐ป are burnt already
Executive order 10467
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.
What about xau usd broo
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.
Knock, knock.๐๐
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.
Ricky, I'm glad that you are putting out these videos while you're on vacation… Your wife must be a saint!
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.
๐all good Rick thanks for you sharing
The whisper game is strong today ๐
Enjoy Italy. Iโm going soon as well.
Your a nice guy but why the cickbaity title?
Itโs all about the debt ceiling today, no deal in sight
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.
Ah choooo
Nobody can see the future. ๐
Bottom is in. We bounced off the bottom in October. We go up from here Ricky.
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!!!
Face covering king is back ….