Why is the stock market dropping right now? Target just reported the worst earnings dropping 25% on the day! Fed Jpowell speaks today and the market is waiting for his words. Inflation decelerates slightly from 40-year high as CPI rises 8.3% in April. April’s consumer price index report expected to show inflation has already peaked. How to read a cpi report and when will it be released?
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So, what's going on with the market today pretty much a break even day, what's going on team, it's ricky with attack, but solutions with a super quick market update um. You know i have my free discord. We have a lot of beginner traders. That ask me questions.

I cannot stress this enough if the past five months hasn't taught you anything, it's that no one knows where the bottom is period right. So one of my live training sessions today with our learn plan, prof group, but really the biggest focus that we have right now, is not trying to predict the bottom but simply prepare everyone freaking out they're like oh, i think it's going to go. Uh tqqqq is going to go to twenty dollars a share. No, this is the bottom.

It's gon na go to thirty dollars. You should it's like dude, it's been five months and and still no recovery, i'm i'm i'm still excited for the recovery. Let's not forget that right, that's the goal, but have we not learned that predicting or trying to predict the bottom is, is not realistic like? Why are you over complicating your trading or your investing? You know what would make trading super simple to have your focus? Have your focus on whatever two to three different stocks, you plan to invest that you plan to trade in and it's not about predicting the future, but simply preparing for it that if it does begin to recover, when are you gon na buy? When are you gon na average up? Where would you manage risk the things that we always talk about right? Where is that plan? Where is that structure? So many people consume their time their mornings their entire day watching paint dry right. Imagine look at look at the tq cube is break.

Even me, nasdaq is pretty much break even today. Look at how many times it's been on the green, been in the red been to the green to back and forth. You are wasting your entire day. There's the whole point of trading not to be effective, not to be you know, you know if, if your focus was why i want to make money based off of the hours that i work then get a job right, but if you are trying to make money Based off of the opportunity you choose to take advantage of taking risk management into consideration, risk to reward ratios, then be a trader, be an investor focus on what's important, don't waste your entire day watching paint dry, and it's as simple, as that i mean just imagine.

If i would have spent all day yesterday, waiting for tkq to recover it's literally a waste of a day, let it sell off, let it bleed. Who cares? Well, ricky, i care, because i have money in it, then that's the position, you that you put yourself in. We talk about position all the time we talk about putting yourself in a position that you can tolerate. It's not perfect.

It's never going to be perfect, but that at least you can make sense of it that even if it does sell off like it did that you can make sense of it and that you can tolerate it. So if it does begin to recover, you can step on the gas increase your position size and then at overbought levels. You can begin to reduce it whatever it is. That makes sense to you, but i am so tired of these beginners.
Trying to ask me hey ricky: do you think that this is the bottom of tesla? Let me go, you know, look at my crystal ball, real, quick and and ask it hey. Is this the bottom dude there's been news that you know in inflation, interest rates, russia attacking ukraine, oil retail not being as strong as expected. It's thing after thing that continues to bring down the market. So, let's try to do one thing: let's try not to predict the bottom step, one step: two, don't over complicate your investing or your trading focus on what you plan to buy, not that you have to right now, but what you plan to do, formulate your plan.

So many of you guys are so infatuated by the market, yet you haven't even planned out your trade. It just doesn't even make sense. Imagine trying to build a house but not having the plans to build it. What you're just going to show up and start.

You know what is it uh start building the foundation out of nothing, it's cool. If you can do that right, guess what the market doesn't work that way it shouldn't work that way it is difficult. It is challenging. It really tests your patience.

It's the whole point that we do it right. The whole reason that we're so excited and we look forward to mondays. You don't really look forward to mondays with your normal job right, but this is challenging it's exciting and that's what tends to you know excite us, because once we overcome these challenges, fulfillment follows you guys can hear remy start crying, but that's what i wanted to leave. You guys with it's so many so many people are so consumed with the idea that they're trying to predict the bottom of something, stop predicting and just start preparing.

It's never going to be perfect. Take position size into consideration, be selective, it's not about being scared, but just be selective and formulate your plan for both best case scenario and worst case scenario. So i'm excited follow up. I'm gon na go take care of remy um.

I really do appreciate you guys time hope that earned your thumbs up. I will see you guys if you guys want to learn more about our learn plan. Profit group they're, the only group that i work with on a closer basis, and that's going to be that. Second link down below, if you want to join our free discord, chat and if you have any questions that are not asking me about where's the bottom of the market, that's going to be that first link in the description appreciate you guys time.

Like always, let's make sure that way in the year. I don't agree now. Take it easy team.

By Stock Chat

where the coffee is hot and so is the chat

30 thoughts on “warning stock market is getting worse?!?”
  1. Avataaar/Circle Created with python_avatars travis landry says:

    Absolutely love your content Ricky! You are a pro compared to me on the NYSE but I’m very well versed in the real estate market in my area as I work in valuation advisory services/banking and I can hear the exhaustion in your voice from the not “dumb” but the ummm lack of research/knowledge questions. I feel you man, it’s tough with hearing the same questions that don’t have an answer cause no one knows the future haha I appreciate you as always putting out this type of content though!!

  2. Avataaar/Circle Created with python_avatars joe brandau says:

    if tomorrow is not a full sell off, might be a good sighn of the consolidation

  3. Avataaar/Circle Created with python_avatars Moy2005 says:

    LOL I never did stock market before. Is this a good time to buy?!

  4. Avataaar/Circle Created with python_avatars Austin Romano says:

    Hey Ricky 👋 do you think this is the bottom of tesla?

  5. Avataaar/Circle Created with python_avatars P T says:

    ,Weaker companies will go out of business, and the surviving strong companies like Amazon will get new customers from the companies that closed. Buy Amazon stock while it's low.

    Unlike other retailers, Amazon could sell at cost and still make profit from AWS cloud, advertising, subscriptions, delivery for other companies, Online prescription and pillpack.

    Last weekend, I drove 1000 miles. We saw many many semitrucks which were Amazon Prime. Buy Amazon. We did not see trucks by Target or Walmart.

  6. Avataaar/Circle Created with python_avatars John Sanchez says:

    Hey great video a bit strong 😌 but great , we (new traders) asked that question thinking you (team who has more experience) base on previous trade can or may know something more than us. I have over 18k on tqqq and losing 10k right now. I been reading about tqqq and everyone said tqqq will go away!!! Now I'm like sh@#$ I gonna lost all 18k but still holding….I apologies to everyone in this team if I/we keep asking over and over the same question.

  7. Avataaar/Circle Created with python_avatars Zk Motivation says:

    Everyone who reads this, we don't know each other and probably never will but I wish you all the best in life and all the luck in the world 🥰💓🥰😃😃😃😃

  8. Avataaar/Circle Created with python_avatars Davie Kielty says:

    Great video Ricky, cheers

  9. Avataaar/Circle Created with python_avatars Claus Bohm says:

    Great advice! Hits home, I am getting way too glued to the computer screen. Time to live my life again.

  10. Avataaar/Circle Created with python_avatars infinite spc says:

    Buy buy buy

  11. Avataaar/Circle Created with python_avatars RC says:

    Ricky -“Let me go check my crystal ball real quick!”
    Rubs his balls for a prediction
    Ricky- “ I see a hairy market w/ cucumber shape fall”

  12. Avataaar/Circle Created with python_avatars LMS says:

    And the daily pitch for LPP…. the video was a waste of 5 minutes tbh.

  13. Avataaar/Circle Created with python_avatars TAPP Channel says:

    What happened with your 400K position that was averaging at 34$? Did you gave up on this bleeding?

  14. Avataaar/Circle Created with python_avatars Hola! Voruto Uzamaki says:

    Bought Tesla at 695 and sold at 730 😅 actually timed the market lmao but I’m going to stop is getting risky

  15. Avataaar/Circle Created with python_avatars KING of HIALEAH says:

    The bottom is dictated by current events, for example if all starts getting better….inflation goes down, Russia gets out of Ukraine but then a new virus pops up, boom down it goes

  16. Avataaar/Circle Created with python_avatars TekkerzBoy Jr says:

    Ricky is preaching stocks. 🙏. Thanks for looking out for beginner traders.

  17. Avataaar/Circle Created with python_avatars Dude inshore fishing says:

    He's right. This market could drop for the rest of the year.

  18. Avataaar/Circle Created with python_avatars SML L says:

    Appreciate the reminder! Have a safe flight to CA!

  19. Avataaar/Circle Created with python_avatars D Marc says:

    I appreciate this advice I needed this man!🙏🏾

  20. Avataaar/Circle Created with python_avatars Todd Rogers says:

    So what youre saying is the BOTTOM IS IN?

  21. Avataaar/Circle Created with python_avatars Sheila Havens says:

    Thanks for always reminding us to stick to our plan and manage our risks.

  22. Avataaar/Circle Created with python_avatars Trevor S says:

    committed

  23. Avataaar/Circle Created with python_avatars Relaxology7R says:

    Quit the tripping Rick.

  24. Avataaar/Circle Created with python_avatars Daniel Rota says:

    I’m committed and prepared and in position.

  25. Avataaar/Circle Created with python_avatars Classic physique says:

    Ricky you good voice is a bit different

  26. Avataaar/Circle Created with python_avatars Relax and Meditate says:

    First

  27. Avataaar/Circle Created with python_avatars Roger Carrillo says:

    Can't wait to sign up

  28. Avataaar/Circle Created with python_avatars Arko says:

    Tesla to 600

  29. Avataaar/Circle Created with python_avatars Classic physique says:

    First lol

  30. Avataaar/Circle Created with python_avatars Leon Fernandez says:

    First again!!!!

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