Why are stocks rising today? U.S. stocks rebounded in another choppy session Thursday after renewed concerns over the economy and a weak outlook from market bellwether Microsoft (MSFT) weighed on sentiment in earlier trading.
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Hey: what's going on team, it's ricky with tech, but solutions, i'm here taking care of remy, but remy wanted me to make sure that you guys have an understanding of what is causing the market to sell off today. So let's go ahead and break this down, wanted to update you guys um. During our live trading session today i actually ended up buying the dip. So one of the things that i talked about in yesterday's video i mean market is down or t qqq is down.

Excuse me uh, eight percent. On the day, one of the things that i did very well yesterday is, i pointed out the resistance level at the ema line. I talked about why i reduced my position. Size from fifteen thousand shares all the way down to fifty five hundred shares.

Little heads up fifty five hundred shares other shares that i'm holding so regardless if tkq goes back to 24, i'm still gon na hold 5500 shares with that being said, the difference is what i'm day trading with and i decided to buy the dip. I mean the market was down what five percent during uh the pre-market session. I viewed it as a dip, buy opportunity. I've been buying as it's been selling off uh and i'm going to have to sell it by the end of the day.

Anyways right now. I have 13 000 shares. I will not be holding those shares overnight. I will only be holding 5500 shares, but why? Why is the market dropping well, some of you guys should have been able to see uh here's a quick little update on my tesla position.

Again. Uh not just showing you guys the green days, but, of course, the red days as well. Tesla is down 8.5 on the day because it uh expects to lay off 10 of its staff 10 of its workforce and obviously that's not a step in the right direction. Right, so that's a negative sentiment for tesla.

It just looks like elon has been um, you know experiencing bad news after bad news and it's been pretty unfortunate, but guess what you know. We had an amazing week of a run. We've been preparing for this pullback uh. We knew that it wasn't going to be green day after green day after green day.

We killed it right. If you guys look at, i mean i recap my trades um every day. Not only do i trade live, but i try to recap them every day on youtube wednesday of last week i made 20k thursday of last week. I made 27k um friday of last week.

I think i made 33k something like that. I i have it all within uh the videos that i upload uh tuesday of this week i made 13k and it was a break-even day. I think i lost 2k, 2 or 3k on a wednesday thursday, which was yesterday, i made 29 000 and i recapped that one as well and then today, i'm down 19 000.. You know i trade with a little bit more money than the average person and it comes with the territories again, not just here to showcase the lavish green days, but also here to talk about my red days.

How? Even though the market is down 8, if you do the math eight percent of four hundred and thirty thousand, i would be down a lot more. If you know i would be down closer to forty thousand dollars if i would have held the fifteen thousand shares. This is why we reduce our position size at overbought levels during uncertainty to anticipate the worst and if the market even recovers remotely right, even if it were to be break even i would be up a significant amount because of how i averaged into my position size. So i'm excited to follow up i'll.
Keep you guys up to date. If you guys are part of our discord chat, that's that first link in the description and yes, it is for free. Also from the reminder we are having a free pizza party at our tech bud solutions headquarters located in chandler, arizona, it's open to the public. I don't care if you're a beginner trader, i don't care.

If you don't trade at all or if you're an experienced trader come hang out meet the team, have some pizza and i'm just i'm just excited to finally meet you guys. So again, that's going to be at our hq in chandler arizona feel free to google search it and you should be able to find it. That's going to be from 1 p.m, to 3 p.m. Today, friday, i think it's june.

What is it today june 3rd right? So i'm excited to follow up with it. Um, if you guys are too make sure you guys drop a thumbs up. If there's any questions that i can answer for, you comment down below and don't forget to stay connected. You guys can follow me on instagram.

All the information is down below and again, like you heard me talk about them, i do trade live every morning. I both share the good and the bad, especially if you've wanted to get into trading in the stock market, and you know uh you like the way that i trade. I would encourage you to take two minutes. Click.

The second link in the description of this video and learn a little bit more about my alarm plan profit group and to see if it's a good fit for you uh. If it is i'll, see you on monday at market open for my live trading session. So i appreciate you guys time. Remy just wanted to make sure that you guys were aware of what what caused the market to sell off.

I'm glad that we at least prepared for it with our previous videos and our position size and i'm excited to follow up. Like always, let's make sure that we end the year on a green note. Take it easy team, say bye, wendy, bye, guys.

By Stock Chat

where the coffee is hot and so is the chat

16 thoughts on “Why is tesla stock crashing today? market live update”
  1. Avataaar/Circle Created with python_avatars Lazos Tv says:

    Ricky u r the best, gracias a ti he aprendido un poco a invertir 👍👍

  2. Avataaar/Circle Created with python_avatars Edie M says:

    Adorable!

  3. Avataaar/Circle Created with python_avatars Mike Locke says:

    For some reason, you showing me your red days makes me feel better – even though I don't wish bad on anyone. Your killer green days while I was getting wrecked each day was tough. Thanks for the insights.

  4. Avataaar/Circle Created with python_avatars Relaxology7R says:

    Hey Ricky. Can I have some pizza shipped to Missouri by chance? If not, you gotta be tripping!

  5. Avataaar/Circle Created with python_avatars text CRYPTOPHUM via TELGM says:

    *Another 👆👆great 👆👆withdrawals of $25,000 USDT today after investment of $2500 USDT i really appreciate what you've done for me, you're the best and I promise to always spread your good deals
    👆👆

  6. Avataaar/Circle Created with python_avatars text CRYPTOPHUM via TELGM says:

    *Another 👆👆great 👆👆withdrawals of $25,000 USDT today after investment of $2500 USDT i really appreciate what you've done for me, you're the best and I promise to always spread your good deals
    👆👆

  7. Avataaar/Circle Created with python_avatars Jessica E. Rivas Oneluv says:

    You need a Techbuds in California and have parties here too😁😁🙏🙏

  8. Avataaar/Circle Created with python_avatars Jason Burt says:

    Remi was saying this pullback was to fill the gap.

  9. Avataaar/Circle Created with python_avatars Mery says:

    Rami is super cute!!!! Nice to see her!

  10. Avataaar/Circle Created with python_avatars Brandye Bee says:

    Best guest host ever!

  11. Avataaar/Circle Created with python_avatars dawson says:

    Why dont you trade any bearish trades? SQQQ??

  12. Avataaar/Circle Created with python_avatars Ains Ooul Gown MLBB says:

    You should not show your kid online, just sayin

  13. Avataaar/Circle Created with python_avatars Jv11 says:

    Welcome to father hood

  14. Avataaar/Circle Created with python_avatars Naz says:

    I got wrecked from Tesla Calls I left in the market yesterday. Can’t believe this happen😔

  15. Avataaar/Circle Created with python_avatars Javein Morgan says:

    Hey bro give me money

  16. Avataaar/Circle Created with python_avatars abdu1loff says:

    1

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