's going on team just going to do a quick little recap on the day. Day. I wanted to remind you guys that google and microsoft report or needs aftermarket. I wanted to ask you if you guys want me to host that live stream.

I can host it for free on the youtube channel. I just want to make sure enough people show up so if you want me to host that live streams to see how the market reacts to both app. Uh microsoft and google's earnings today after the market closes. All you have to do is drop a thumbs up if this video gets over 1 000.

Likes then i'll be more than happy to host that live stream make sure that you're if you're not subscribed subscribe to the channel turn on your little post notifications and the reason i say that is if not you will miss out the notification of when it is that i actually go live so just a little heads up on that uh quick little overall recap on the day. So i've already reduced my position size a little bit during today's live trading session. With my learn plan profit team uh. We just began to experience that slight resistance as we're approaching uh 49.

A share. But even leading up to it we're kind of struggling to break above this like 48. 60. 48.

70. General range. So as soon as we began to break above. I did not hesitate to reduce my position size at least just a little bit so as of now so far on the day 25 000.

The more we begin to trade sideways. The more i'm inclined to even reduce this position size. Even more if we break below the moving average as you guys can see here at right around 48 dollars a share. I'm just going to completely uh close out my position on ask qqq for those that are unaware of what sqq is sqtq is a triple leverage.

Inverse etf. It's a bare etf meaning that when the market goes down this etf goes up so if you've ever wondered how can you make money when the markets are dropping then this is what i choose to trade. It is triple leverage. So understand that that does come at a different layer or does come at a greater form of risk.

So if you're an absolutely beginner and or if you suck at risk management. I i say this in a very respectful way. I don't think that this would be in your best interest to potentially trade. I want you to also understand my intention this was a big question that a lot of our of our learned plan.

Profit traders were asking me is what's my intention with sqk. What's my plan after the earnings uh that's set to be released tomorrow uh tonight. I'm sorry after the market closes. Uh and also we have the federal reserve meeting.

I want to make sure that you guys were aware of this the federal reserve meeting tomorrow uh they're going to be talking about how much they're going to be raising interest. Rates and that's going to be at 2 pm. Again uh we'll follow up tomorrow to see if we're going gonna host that live stream on the channel um. But with everything that's going to be released right google and microsoft huge tech giants both in trillion dollar market caps they announce earnings today we have meta which is facebook right that reports earnings tomorrow and then we have apple and amazon that report earnings on thursday we have the federal reserve meeting with with raising interest rates tomorrow.

It is a huge week the next three days are going to be so crucial. I really think that today is going to set the tone for this earnings. I don't know if you guys um have seen. Google's expectation for how they're going to be reporting earnings for q2 in my opinion.

It doesn't look really good uh. Expectation is already higher than what it was last year based off of its previous quarter. Obviously they set higher expectation. But obviously businesses have been less inclined to advertise through google uh through that uh issue that apple has put in place in restricting advertisers uh to be able to like collect cash data um on their users so with that being said um.

I think that google is going to miss earnings. Which is why i've taken a short position on the market. I could be completely wrong. But again i'm very excited to follow up and to see which way we end up going one thing that i quickly wanted to bring up is that if you guys look at this on the four hour time frame.

We are testing the moving average as a support and then on the one hour time frame. We're testing the moving average as a support so we're really really close to that support at that moving average. This is why i'm getting kind of hesitant with my sqq position. My intention long term is still to invest long term on amazon.

Apple and tesla. And with that being said right now. I'm shorting the market so although i'm shorting the market. I'm going to be very quick to close out my sqq position and to transition back into adding more into those long term plays.

I just want you to understand where my main focus is my main focus is definitely my long term plays. I'm just choosing to short the market as the market is just pulling back just a little bit so wanted to update you guys on my trades wanted to make you guys aware of again the different companies that are going to be reporting earnings today after the market closes and of. Course the federal reserve meeting that's set to be tomorrow at 2 pm. If you have any questions that you would like to ask me i hope that you know that i respond to all of my direct messages via discord and that's that first link in the description so if you've tried to google something but you're an absolute beginner and you can't get your question.

Answered please. All you literally have to do is send me a direct message yes. It is for free first link down below. If you're going to ask what indicators.

I use what platform. I use how can you get started freeways on how to start send me a direct message via via discord and that's that first link down below from the reminder. You heard me talk about them in this video. It's my learn plan profit group.

They're the only group that get to watch me trade live every single day at market open if you want the ability to watch me trade live. Because you're tired of missing out and you want to work with me on a closer basis. The only team that i work with is my learn plan profit group. So if you want to learn more about this group and to see if it's a good fit for you then that's going to be that second link down below and hopefully.

I'll see you in tomorrow's live trading session. Make sure you drop a thumbs up on this video make sure that you set your alarms for when the market opens. I'm sorry for when the market closes for our live session. If this video gets over 1 000.

Likes and the last thing that i want to share is if you're part of our learn plan profit group already we sent an email out for your free mousepads. So make sure you check out your email. We sent out a promo. Code so you can redeem your free mousepad off of the shop techbudscom website and that's that fourth link down below.

I appreciate your time like always let's make sure that we in the year on a green now take it easy team.