(WARNING) Market Is Overbought...

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  • Опубликовано: 9 май 2024
  • Stock market is currently testing overbought levels and getting ready to pullback, here is why and how to prepare as a complete beginner if you want to!
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Комментарии • 82

  • @GeorgiTanov
    @GeorgiTanov 28 дней назад +113

    It's been dumping and pumping in this range for ages! It's technically just going sideways, sideways means generally stagnant. More emphasis should be put into day trading, as it less affected by the unpredictable nature of the market. Trading has been going smooth for me as I managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...

  • @Andrey-wp7rw
    @Andrey-wp7rw 28 дней назад +10

    How much longer will it continue to be overbought is the question 🤔

  • @gayankarunathilaka8859
    @gayankarunathilaka8859 28 дней назад +6

    WHY YOU

  • @dreby8526
    @dreby8526 28 дней назад

    Enough with these videos and clickbait titles, I’ve been seeing the same videos since SPY was at 400, unsubscribe

  • @1krani
    @1krani 28 дней назад

    At this point, I'm convinced that the people pushing the idea that the economy is fine, and us consumers aren't hurting for cash, are just trying to trick other wealthy people into giving them exit liquidity.

  • @wcoryhable
    @wcoryhable 28 дней назад

    Wrong again

  • @genewardy
    @genewardy 28 дней назад +1

    The VIX is very low. That also shows overbought condition. Thank You Ricky for your Information.

  • @vinhsanity
    @vinhsanity 28 дней назад

    Cutting interest rates to near zero is what causes all this economic instability…

  • @InsideLookingOut1203
    @InsideLookingOut1203 28 дней назад

    I believe the market will crash, this year, to 2023 lows

  • @EnhanceYourTrajectory
    @EnhanceYourTrajectory 28 дней назад

    Elevated doesn't mean a crash. And we've just had a little less than a 6% correction, I believe we will still go higher. 545 to 550 on the Spy(S an P) is closer than anyone thinks. Or the top is actually in and we will go lower. This week is pretty pivotal. I will also be going long on sqqq leaps before next year.

  • @sadhnapanchal924
    @sadhnapanchal924 28 дней назад

    Thank you for your research. I find your videos are well done. RIght now I'm keeping an eye on Eledator

  • @Jediknight4jc
    @Jediknight4jc 28 дней назад +3

    The inflation rate and unemployment rate are both very important. The problem is that they've been lying about and/or manipulating the numbers for each of them.

  • @KunuNaik-eq2mu
    @KunuNaik-eq2mu 28 дней назад

    Oh, I love you guys, the best market analysis! Seriously, why not mention Eledator?

  • @Fenomenoe9
    @Fenomenoe9 28 дней назад +2

    Ricky i feel u man. This market does the opposite of logic. Its just unpredictable.

  • @bbhavana9426
    @bbhavana9426 28 дней назад

    Can you tell us about the cpi data and all the data's releasing this week

  • @AdityaRaj-uj7zy
    @AdityaRaj-uj7zy 28 дней назад

    This certainly sounds good too, but I think it's still worth considering more reliable options like copy trading platforms such as Eledator, for example.

  • @apop1803
    @apop1803 28 дней назад

    If CPI is bad how low you think QQQ can possibly drop??

  • @SharkTrends
    @SharkTrends 28 дней назад

    Thanks Ricky!

  • @godftw4192
    @godftw4192 28 дней назад

    thanks ricky

  • @liventhemoment203
    @liventhemoment203 28 дней назад

    Got up early grabbed my Tqs profit and now al cashed. Thanks for all the great info. And when in doubt cash da fck out!!!👍👍👍