AVOID THIS TRAP TOMORROW!
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- Опубликовано: 27 май 2024
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Today was the big day, and stocks went insane!! The Fed decided to keep interest reates exactly the same at their FOMC event today. From here, the big thing everyone is watching for is what they will do in the future. They are still unsure and are assessing the incoming data but the market is pricing in the soonest rate cut to come in November. The price action has been wild this week, and it won't slow down any time soon as there are even more big earnings tomorrow night. Apple, DraftKings, and more will report. Starbucks reported earnings today and got shredded. It will be very interesting to see how Apple does. Last but not least, don't forget to destroy the subscribe button to get our videos recommended to you more often! Let's end the week on a green note! 🤩
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#stockmarket #stocks
0:00 Powell: We're Not Cutting Rates Yet
4:11 What's Next
10:50 Favorite Setups & Predictions
DISCLAIMER: We are not financial advisors. We are just giving our opinions. Everything said in this video is for entertainment purposes only. Do your own due diligence before making any trading or investing decisions. Some links included in the description are affiliate links. If you purchase something through those links we receive a small commission. This doesn't cost you anything extra and the affiliate links actually give you access to special discounts. Thanks for your support! 
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Here in Canada, a large iced coffee at Starbucks costs $7.50. All you get is a plastic cup and lots of ice. I stopped going a year ago.
$$$$
Starbucks should stop asking for tips. Tips are for servers at restaurants where you sit and they come to serve you.
This is my biggest pet peeve. Passing the card reader out the window with them starting at you with the tip menu up.
Just hit no tip, the coffee is already over priced, they can afford to pay their employees better, but don't so that's on Starbucks, not me.
Servers bring you food. Starbucks employees MAKE your drink. I think Starbucks workers deserve a tip more than somone who just bring you your food. The real issues is why the hell are tips being demanded in the first place? I don't go out to eat anymore. Right now it is a financial mistake. I would rather take that money and buy leveraged short ETF in preparation for the crash that is coming.
@bpb5541 A waitress or waiter has to share tips with the bus boy and cook which do not exist at a Starbucks. I'm not tipping for a 2 min act of making a coffee, which is dumping it into a cup. The tipping is out of control. Back to 5,10 and 15 % is OK with prices being as high as they are, not 20, 22,& 25% of my food bill, that's nuts.
Starbucks, plain and simple, is not worth it. The value does not exceed the costs.
I stopped going to Starbucks because the employees have a meltdown if you dont tip at the drive through ...I make my hot chocolate to go at home now
I bet your wallet loves it!
I couldn't imagine tipping at the drive through. That is absolutely ridiculous for them to even think that's normal.
SBUX needs to pay their workers, what a shit company
Starbucks and McDonalds are feeling the effects of BOYCOTT 🇵🇸
Powel “Rate hike not NOW, but may be after 2 mins later” Can’t trust a word from him 😞. Powel need to get out of the kitchen
He should hike rates until the bottom falls out. No soft landing is happening and he knows it. Let's get this depression over with, shake out the mountains of debt and rebuild the economy in a sustainable and affordable manner.
Its a pause for several more months. Cut will happen when it happens. The change to the bond program plus Treasury doing buybacks is going to be the big deal.
Also I think this was a bear trap being set after the meeting. Go look at the volumes on a 10 minute chart. There was a massive move in the 4-410pm window. One megacap with a hair over 50million in volume had 12 million volume in that 10 minutes. I will not be surprised if that was someone short selling the megacaps and then exercising their options. I could be wrong, but I will not be surprised if that is bottom for the next few months at a minimum.
I made money but I took a shower and got trap 😔😔
Ok so going off of the title, which TRAP EXACTLY are we supposed to avoid tmrw?!
Bull trap then bear trap then bull bear trap. Be careful
Was waiting for you to mention NVO too in regards to earnings Thursday
Happy Hump Day, Mike and Tom. The market was strange today.
You too OutLaw 😉
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I just found you guys channel today and instantly fell in love 💯💯 its if I'm watching ESPN but for the stock market 😂😂🤝🏻LOVE IT
Appreciate it!!
Thanks!
🙌🙌🙌🙌🙌
Always be closing. Especially now
Mike and Tom are just amazing 💯 Always there to answer any questions and I have learned a lot in just the past couple of weeks!
LOVE to hear that!
As a long time investment professional, we are not worried about the proposal of changing 9:30 - 4 PM stock market hours. That won’t happen.
Had to watch twice! 🙂 Lets go!!
MY MAN!
First! Yeah Buddy! Can’t go a trading day without your videos!
🥇
$7 for coffee. Yeah, blow meeeeee
Buy the rumor sell the news action
Garbage coffeee Starbucks.... Overrated..... But Caribou coffee. Much better
Long live the king 👑
Any guesses on WW (Weight Watchers) earnings and reaction tomorrow?
They've been hovering around all-time lows, I think they could surprise, or at least offer good forward guidance.
Damn every video is a huge win or a huge loss. No middle ground... Starting to think y'all work for the IRS
lol
Bro look at their thumbnails its all clickbait lol
You still watch tho..why? Serious question @9bytehub
DXY down after hours. I think most likely bullish for tomorrow
Concerning don't you think? If the dollar went down that means people are losing confidence in it. That might be bullish for stock but in the end if it keeps falling in purchasing power not even stocks will dodge that bullet. The governments only way out is to inflate or they can decide to save the dollar. They cannot have both. Either one gets us to the same exact spot, which is devistation... Unless you are already rich and won assets.
@@bpb5541 I just use it to look for market opportunities. Currently, anytime dollars down, I can make a profit on the market going upside. It was short lived today, but I made a good profit. Market is currently in a range, and I'm waiting to see which way it goes
SQ appears to be setting up as a bear trap before earnings yet again and I'm surprised you guys failed to mention the action on this stock today. But SQ has done this for the past 3 quarters but it is even more pronounced this quarter with investors already leaning bearish. If earnings meet or beat this one is poised to be a face ripper yet again! My guess is we pop up at least $10 for at least a 15% move higher!
I’ve never heard anyone ever use the term bull trap….only bear trap what gives? Do bull traps not exist or is bear trap like the trending term?
@@9bytehubThere are bull traps and bear traps
During the Powell speech, the market had that run up at 14:30, then plateau and then drop - that wasn't "bullishness" - that was short squeezing out weak-handed bears.
It was due to no more hikes, but yea the shorts didn't help that squeeze lol
STOCKEDUP 🤖💥
Lets get it!
Wow
Mr. Powell tried dressing up a pig. But in the end, it's still a pig! Pigs get eaten.
META isn’t a chip stock 😂
what do you think of Donald trump media stocks ??
StockedUp ROCKS
Ayyyyyy!