🔴JOLTS JOB REPORT RELEASE 10AM! FOMC WEEK! LIVE DAY TRADING

link I'll see you guys over there all right guys so we we're doing the jol report stream let me know if redirect works it should work also we're going to get ready to day trade as we always do um let me know if redirect worked it should have worked chat so uh did redirect worked it should have worked oh uh all right so let's pull this up hold on there's the Spy there's Sofi let me know what chart you going to have up okay it worked cool all right so we're going to get trade of you up or trade of eight so there's Sofi we're definitely going to be watching Sofi here's the Spy I'll probably put like Nvidia sh up Nvidia just cracked the green so Nvidia just cracked green um yeah we're here there we go all right let's get ready what is this music I don't know about this music but hey let me know if you like the music uh all right guys big big boy jol report today all right yeah I don't know about this music let me know if you like this song it's a little off I think but hey all right all right we got this up here so again the jolt report drops at 10:00 a.m. so the jol's job opening report drops at 10:00 a.m. if it signals economic growth tomorrow is the Fed meeting it's a major report uh so again signals economic growth through job openings we will stream the full result live ASAP as soon as released expectations are 8.02 million we also have CB consumer confidence data today which might influence things as well again my bet is we're going to trade choppy Behavior today that's the goal right we'll put this up on screen let me edit this a little bit so that I can put something on screen and it not be such a big deal we can still have the Spy up and I can kind of weather man it like this there we go there we go let me know if you like that better Nvidia right above me here big upward movement I'm GNA probably going to short this I think we're up enough um two contracts here we've had really good results the last couple days really good results like the last 3 days 3 days ago we were very green the day afterwards we were very green and then yesterday we started really really red and then just stayed selective disciplined and ended up making some money uh yesterday so you love to see it I'm going to take four contracts here um we're Green in this account we are have been making money so far and we'll see if we can continue it again my goal today is to trade choppy Behavior leading into the jols report the joles report signals economic growth and uh I think we also have the FED meeting tomorrow we've got Microsoft AMD big Tech earnings today tomorrow Thursday it's a packed full week and I think with that said I think the Market's going to move choppy leading into tomorrow at 2 p.m. after 2 p.m. tomorrow is up in the air Friday we do have non-farm payrolls and unemployment report and so I think we could have choppy Behavior I think what I'm going to be looking for is the same thing I've been looking for the last few days which is I'm going to be looking for up down up down up down and again it's very simple I'm going to look to short the top buy the bottom mostly buy the bottom and cover at the top is really what I'm going to be looking for attack choppy indecisiveness ahead of these big economic reports and then again we're going to cover it as soon as it drops I don't want to get caught in a breakout here though so I just got to be prepped Sofi pulling back a little bit now basically flat here first little trade I don't want to take too big of positions the last couple days we've been very green since the opening bell but leading to the open we lost a little bit yesterday morning I don't want to do that again today and so the goal is just to keep it small today leading into the opening bell and then once we do attack some chop uh if we get it I think it's a high probability choppy day leading into major economic reports and I think the edge for attacking choppy sideways action is pretty high uh what do you guys think we're also going to do a poll here Nvidia is what's dragging the market up though all right we're back down to Flat all right now we're completely flat see what the chat says what's your expectation on Sofi today I'm not sure I'm in Sofi it's up a nice amount leading into their earnings uh after their earnings call today it's still green and holding and so I'm hoping we get bullish activity into the opening bell today for it but again I'm probably just going to stay in it regardless of what happens unless it has unless it has some crazy drop I'm most likely just going to stay in this thing and hope to make money from it um but yeah we'll see what do you guys think Sofi does at the opening bell again what are your expectations for jolts let me do a poll we're flat on this trade so I might have time to throw a poll up all right so expectations are for 8.02 million what do you guys think I'll put a timer up as well so there's the poll uh we'll get a timer up like like we always do here there we go we're Green Let's see if we hold it we still got 51 and a half minutes or so until the job report drops again the guy the job is just to every day since the opening bell we've been very accurate like yesterday after the opening bell we ended up making a lot a lot of green trades but before the opening bell we lost couple hundred dollar and I don't want to get stuck in those losses today so the job is to keep it light leading into that and you know we'll take a small trade see if we get a reversal here but the goal is to not risk too too much and uh not get greedy and pre-market right now and then after the opening bell we're going to have about a 30 minute period of time in which we have until the jolts report drops and so after the opening bell we we'll have a little bit of choppy potential uh and if we do that's what we're going to attack you know but again job is to limit risk trade small see if we can keep growing this account this a 50k funded count here we go I'm going to limit my risk up here at the top just because I can it'll make me a little bit more loose with this a cat bounce we add a little bit more to this maybe if we keep looking good I was going to add but now we bounce back up red I don't want to add to a losing position so far I still going sideways again I think the thing to watch right now is really Nvidia here Nvidia is going to be the big question it pulled back to that previous close and then it bounced and now it's kind of coming back down a little bit but Nvidia is going to move the market again we also have Microsoft AMD earnings today Microsoft about to break pre-market highs too uh in in video running up a little bit also here so we're basically completely flat on the day again yesterday we lost hundreds leading into the opening bell uh and so I just don't want to do that today I'm going to cut this and we're going to get out completely break even the reason I'm cutting this is cuz look at Nvidia rise I think this is probably going to go up uh just based off of how much Nvidia is up over the last 30 seconds um Microsoft recently just broke highs of the day as well Tesla's testing the volume weighted average price AMD is still red on the day or still technically green but not as green so we do have a lot of uh you know interest there let's see so I'm try to build this code this week should Define if spy recovers or goes below 540 yeah I mean this is the biggest week we've had in a long time with that said though look at Nvidia start to rise um so look at Nvidia start to rise so Nvidia making these big moves all the way up here at almost 112s and again I think Nvidia is leading the market that's why I cut my short position up here um if we push up too much maybe we'll add to our short again we'll try all right so we're going to short up here so we got four contracts short we will add a couple contracts if we if we look good enough to at least all right so that's it we got six contracts here we go we're green at least we were for a second now we're green again o Nidia start to bounce more we're still slightly green but take a little bit off again job is to build up a small cushion first in the day and then take larger risks after the opening bell um we got a little bit of room we can let this run and if we go red it's not the end of the world nice Sam inv video Rises to 2% above previous close and I mean we're looking at you know we're looking at short-term movements here and so we might call a lot of things big moves shortterm but longterm they're small and that's the nature of stocks you know um all right we still got four little contracts here we're going to try to take a longer term range bound trade here the problem though is Microsoft is actually starting to rise uh [Music] viid is up there though and it does look strong I don't want to hold through this either um although we do have a little Correctional thing here let's see Sofi still holding strong though sofa is still at 750 plus so it's trying to make moves for sofa still holding up there me see the NASDAQ all right so we're still flat here but we're in the position overall all right there we go I took half off patience got a little dip trement here all right so we got three contracts again we added to Our Winning position here see we get a larger gain there we go so we're green we just cut it we got a small little green trade we're we're just again my job is to build up a cushion leading into the opening bell if we can uh just to show you guys like my results yesterday right so I'll show you guys this week so far in my trading on trade of eight uh we did pretty good I'll show you the last two days wait today is okay is it last week that I made money yeah so that that's what it was so it was it was up until last week yeah so again this is my p&l gains from the 26th to the 30th so a 4-day period it's pretty small gains just to put it into perspective but the goal is to build this account up and it looks like we got out of our short end time too because we're starting to push up this is my this is my actual stats day trading uh over the last three days really and so I'll put this up so you guys can see it um we uh are running 78 77% accuracy in our funded account you can kind of see our winning trades widely outnumber our losing trades so we get about 77% accuracy uh we are up gross uh $351 um $351 so pretty good accuracy 77% see 350 so our our strategies have worked right our strategies have worked and I think I get a big part of my strategy system here is selectivity like I just have to be selective I can't push too hard and go crazy I've got to be pretty sideways pretty neutral pretty selective and uh wait for the opportune moments because again what I've really been doing is attacking Trends right I've been attacking different forms and various forms of Trends but it's a little bit different than a lot of people trade you know a lot of people Target like breakouts and excitement and momentum and all this stuff and that's fine I Target that stuff too sometimes but something else I've been targeting on top of that is days in which the market is indecisive uh and so I've been targeting indecisive days and the way I've been finding those days is just waiting for big economic reports big economic releases fomc meetings earnings major economic reports dropping and then leading up to those reports you know preceding those reports not after those reports but before those reports the market a lot of the time is neutral it's flat it's choppy it goes up and down and up and down and up and down and so if I could identify when the market will probably be like this again it's very easy to make money in these moments and that's kind of why my accuracy rate is so high because all I can do all I all I have to do is wait buy the bottom sell the top you know and again it's that simple so you know I posted a short about this and somebody was like oh you know so you're telling me to buy the bottom and sell the top it's like yes that's every major strategy you can simplify any strategy down to buy low sell high right but this one's much more nuanced than that you got to be selective disciplined you got to wait you know there's a very famous quote money is not made in trading money is made in the waiting and uh especially with the system that I've been talking about here for the last couple weeks I think that's very very true very very true fomc meetings tomorrow at 2 [Music] p.m beginner shy can you explain a concept to me do shorts mostly leave Nvidia after dragging the price down and covering or do many you think stay in and their short squeeze potential I don't think Nvidia is getting shorted like that uh I I think there's there's a lot of shorts in Nvidia don't get me wrong but I think you're looking at it like I think you're looking at it from the wrong perspective I think your perspective here is that every time a stock drops like Nvidia has dropped over the last few weeks that it's shorts for like however keeping Nvidia down and pushing it down and I think it's more so than shorts are going to influence Nvidia in any significant way the main reason nvidia's dropping is not from short Traders is from sellers like from people that are selling their long positions out of fear because they've roted up a massive amount over the last few years if you look at nvidia's chart over like a weekly chart Nvidia is up huge amounts and so like investors that have bought this thing up here and here and way back here when this thing starts to rise and rise rise and then starts to make a pullback they're afraid it's going to correct and come all the way back down you know so they're afraid that they're going to ride it up and then it's going to come back down and they're going to be net neutral they're going to be flat and so instead what they do is they start selling when we get these pullbacks and then they might add it back when it dips but they're trying to lock in profit so this is mostly a profit-taking pullback more so than a short pullback uh I think some negative news has come out and that scared people and so people in that regard are in turn like fearing Nvidia correction here and I think that's what we're seeing more than shorts targeting it I I think I think there's some shorts involved but I don't think they have that type of influence over Nvidia to push it down in that way I think there there's way more long Traders than short and Nvidia yeah so exactly what Rich says the shorts are hedging their long positions and are typically in options right um spot on John buy red when blood's running in the streets yeah for sure sell green when everybody else F was in 100% um yeah I'm I'm uh I'm John Madden over here crisis yeah I mean options are how a lot of people are if you're looking to shorten video most people are going to drisk with options what I mean by that is like if you're holding shares your risk is a lot um if you're holding a put option you're risking what you're spending on that put option so your risk is very specifically defined right and and you're not risking more than that as opposed to like holding shares short in Nvidia where your risk is unlimited uh you know yeah just to put it out I don't ever post a Discord or anything like that like I don't ever use Discord or post on it unfortunately you can join it but like some people have joined and they'll be like this guy's not even reporting market news and it's like hey I don't even post on the Discord bro um I mean I post on it but not like that like Discord is mostly meant for me to communicate with like contractors and partners and stuff all right guys we got seven minutes until the Stock Market opens seven minutes the jolts report drops at 10: a.m. eastern it is an absolutely huge report you want to pay attention to um be ready chat the jols report drops we're going to watch Sofi as well here would you guys rather me be smaller and have more charts up or me be big and have less charts up again we we covered Sofi earnings this morning we're in Sofi we made money on it Sofi is up testing that high of the range here I guess I could also probably do something like this and maybe shrink myself a little bit and then put like more than one chart up I guess I can put myself over here yeah I'll try to do this is this better let me know if you guys like this better uh DJ cook what do you think selling any the SEC no longer considers salana security really all right so we're going to put Nvidia and Sofi up on the right side all right guys six minutes six minutes do you think Nvidia is low enough for you to buy more I mean I think there's an argument for it I don't know if it's good or bad to buy more I'm not definitely not telling anybody to buy or sell more and remember guys I have no idea what I'm talking about might be wildly wrong about anything and everything I say understand the implications of cfdc 4.41 hypothetical simulated performance results have limitations guys uh all under understand all that stuff I do trade off stream you're not going to see all my trades um but I think there's an argument for it I think when you look at like long-term Trend here again I'm going to short the top up here as well um here we go I'm going to add more to this this we green and then we'll take half off just to protect it take a little bit more off here scalping and we're going to cover all right so we're up about 40 bucks on the day uh I think when you look at nvidia's chart though I think when you look at nvidia's chart Nvidia on a yearly chart has had a pretty decent pullback into some support down here the support is really at $100 to share and that's like a a milestone level as well I think like right here uh but you know I think we're getting closer to that spot and I think anything can happen here uh I just think there's risks doing anything with it um so I just think you got to be really really careful with all this with the risks that are currently there um and Nvidia has tons of gaps below yeah there's a lot of room on the downside for sure uh but there's a lot of potential upside action too the question is how influential is AI if AI really is that next big thing we should be okay unless we're in a 2001 like internet bus scenario you know the again to go back to history in 2000 we had the do com crash it took it took s years for us to get back you know and took longer than that for a lot of stocks to get back towards highs so that was one of the longest bare markets in history uh in in hindsight again the internet was that big technology that was influential and crazy and and useful and so and you know the internet was that Tech to invest in at the time but it didn't matter we still had one of the longest bare markets you know in a long time so the question is how influential was Ai and can AI catch up to the valuations is the real question and I don't know you know I really don't know um we got a small cushion headed into the open Bell guys we got 3 minutes into the opening bell uh but that's the big question big if I don't know we'll see um I hope we show something positive but uh but yeah the the reality is the longer you hold something the more likely you are to make money so you should be fine but you know we'll see it's at least if we're talking Blue Chips outside of Blue Chips is completely different but all right guys two and a half minutes into the opening bell the jolts report comes out in 3 minutes Nvidia pulling back heavy here I would short this but we're going to wait in the open let the opening bell play out um too much risk uh no AI is incredibly useful I use it regularly um again I think a lot of people have confirmation biased you know we got a lot of YouTubers that are predicted a market crash literally every single year for six seven eight years you know so like even if we do crash we're still going to be above the levels that they predicted the crash initially at you know so like again you got a lot of YouTubers pushing Doom and Gloom because it gets more clicks and again they're almost always wrong right like the market is up wildly over the past few years um and so following somebody that always pushes a crash and then this wrong about it consistently is silly I think um we maybe we crash but who knows when all right so the NASDAQ Composite reached all-time highs in March of 2000 by April the index started to fall rapidly uh the following month uh following April that's when everything started to crash October 9th is when the NASDAQ Composite hit its low so we basically down trended for two years um when the NASDAQ Composite hit lows in October of 2002 right it still took a long to get back up to highs a long time all right guys we got 45 seconds 45 seconds we got about 500 people here live I appreciate the love thanks so much um yes there's big news today we got the jolts job opening report at 10 a.m. it's expected at 8.02 Million last time we showed up at 8.1 4 million you know vote on the poll let me know how you feel currently on the poll we ask people does it come in higher or lower today 59% think higher 41% they lower in this report um so yeah where's gold [Music] all right so there's the opening bell dig diging dig there's the opening bell Nvidia now under the previous closing price under the previous close into the opening bell Nvidia now at 11 1150s chat 1150s um a lot of Correction starting to happen now somehow my portfolio is even more green though Google at 17s so Google looks good going to take some off of Google here all right so we just scalped a little bit in Google take took it off uh let's take a little bit more off here oh my gosh I just added short oh no all right somehow I ended up making my Google position work uh but I ended up having to accidentally cut it so I ended up making $40 accidentally shorting 100 shares of Google just now uh and now I'm just going to buy back my long position uh oops hey it ended up working out for me but still man I accidentally shorted 100 shares I didn't mean to honestly I I want to be long I'm a bowling Google we just got lucky with the opening bell volatility playing out uh Nvidia is starting to ride here Sofi starting to rise up too look at that yeah oops you know Hey listen sometimes it's better to be lucky than good uh that was definitely this morning Sofi poping up though look at Sofi it's at 780s we're going to get ready to start day trading here we're up at our day trading account here as well um AMD Nvidia starting to rise too I got to get the study off the screen there we go SOI pumping though Nvidia is still flat again I think we're going to get choppy to so what are we up we're up short term I'm going to short and then um maybe add to the short up here but it's still pretty close to the opening bell all right we took half of the short off we got one contract left we'll just play with this again I'm thinking we're going to get choppiness into the jol report today so we're up a little bit the last couple minutes so it looks like we might be wrong on this breakout now we're corrected and coming all the way back down now we're green all right we're out we're up 50 bucks small little trade look at Sofi guys Sofi is running it's at 790s we're up hundreds on the day now somehow um top three luckiest Trader where's Tesla at I'm in Tesla too uh yeah I mean Tesla's down it's not a shock though like Tesla's up huge on um the last like week straight it's a big um I'm GNA short now we're going to start to take larger size we got a little cushion on the day at least a small cushion first so we got four contracts here very uh larger position again we're going to look for Chop Corrections all right now we're almost flat we took half off there locked it in we're up another $40 going to let the rest ride all right so we're out so we're up about a 100 bucks on the day now shorting the top of this range here we're going to see how big the range is though Sofi still purging up here so Sofi almost up to $8 a share and again the question is how big is the range if we drop enough we will buy the range the question is how big is the opening range right Tesla's falling down to 228 Sofi is still turning up trying to hit $8 a share um and again I'm pretty green on the day Disney is nicely green too we're actually Green in Disney um Disney back up to $93 a share all right we'll take some profit I guess all right we took some more off up there look like all right so now we're chopping back again very choppy opening bell guys we got 25 minutes until the joles report drops 25 minutes and again the the thesis of the day we're up about 100 bucks the thesis of the day is will we get choppy Behavior leading into jolts I thought yes so far that's what we've gotten all right we're going to short the top see if we can keep attacking this chop two contracts here see if we can break $100 we got the jolts report today all right we're going to take half off there looks like it was a good move to get out half because now we're down all right we're going to have to just cut that so we lost a little bit um again we got a nice little cushion though as we push higher we're going to look to short rejecting right at the top of that range so far finally having somewhat of a pullback here like somewhat of a dip maybe we should have stayed in that short we would have made money we're back up to the top Nvidia now Rising here so this might give a market a big push Nvidia up to 112 all right we're going to short but it's risky short there we go better take half off there lock it in maybe add to this it's super indecisive day in all honesty we got two contracts here I don't know what I want to do with this though very flat and choppy though um I'm going to cover this this looks too strong we only got a limited amount of time to take advantage of the choppy jolts report too all right so we got three contracts here we're going to take our largest risk if this pushes up some more we got four contracts here largest position today all right we took half off locked it in two contracts left we will add right back to it though but right we're going to add right back to this and see if we rejected the top again the jolt report does come out today the job openings report chat it comes out in about 22 minutes I don't mind taking a risk here and playing with it but we're now at the top of the range see if we can correct here we go we're back to Flat all right taking half off locking it in taking another piece off here we might add back to this one too yeah we'll go ahead and try two contracts We'll add another two to it to if we get back into the green very flat market right now we're going to add a little bit more four uh we got four contracts again all right there there we go boom added to that take another piece off here we're up 100 plus again two contracts take another piece off all right so we're up about $120 right now again attacking chop now we have about 21 minutes until the jol's report about 21 minutes this is our period of time again what are we getting at the opening bell chat what did I tell you we would get at the opening bell anybody does anybody know what I said we would get at the opening bell we we get choppy Behavior today what do we have we have down up down up down choppy Behavior it really it feels good to have my my strategy confirmed like this um I think it's a powerful strategy a lot of people underestimate because if it's Simplicity as well as it's not the most exciting strategy but again it's the the biggest thing in trading guys is predictability all right what is this strategy and system it's freaking predictable you know and I think I think that's the bias people have to look at this thing under and who knows the easy part about this as well right the easiest part about this system is that like you have a range the easy part is that if we break underneath this very easy stop loss very easy exit so when you when you're wrong it's super obvious and self-evident um and so yeah so far so good I don't want to celebrate too early here but uh yeah the Jon's report drops in about 20 minutes we'll see what happens we got about 500 people here yeah it's super again the easiest way to put it is that it's freaking predictable you know if something's this predictable I got to take it you know um all right we're back to the top of this range again now we're on a f minute chart here so I think a one minute chart might actually be easier a trade let me see uh want to tame the time frame we'll leave a five minute sh up it's fine did SoundHound hey I got good news I'm in SoundHound I'm still red on it but hey it's better AMD flying up yeah we're up hundreds on the day portfolio wise we're in meta it looks pretty good too all right cool we're in Disney Disney looks good all right we're pushing up yeah look at Microsoft and NASDAQ turning up all right we're going to show at the very top of this half off two contracts there we go I wonder what my accuracy rate is today all right we're out we're up about $140 on the day here I'm curious about my accuracy today I want to see it okay so we are roughly 70% accurate this morning 70% and a lot of this is cuz we're adding to positions uh and covering positions outside of our like we're covering positions but some of them are slightly considered red I think my real accuracy is higher and again if you want to see my profit graph trading the system that I've been building this is it right here so not too bad I'll take it a lot of profit there too we're brunette most of that Nvidia just breaking down here a lot of stuff might correct and turn um sound town is up a lot today Disney's popping up all right guys we got 15 minutes since till the jol report goes live 15 minutes all right so we're back down at the bottom of the Range man the market has given us very choppy very neutral activity today like here's a one minute chart look at how choppy this has been can you guys see this let me make sure we're back to the bottom bot of the range here we might start buying stuff up now depends on how weak everything starts to look but Nvidia is starting to turn under 110 so this is the only thing that might stagger the system is look at nvidia's massive massive breakdown here so far starting to bounce back too so again we're at the bottom of the range here so like if we do get choppy Behavior you know this is the time to buy I'm not telling you to buy it I have no idea what you should do genuinely no idea but again if if we're going to get choppy Behavior like we're right at the bottom range here I I'm not confident enough in it right now to be honest uh the reason I'm not confident enough in it is because nvidia's sudden like dump like my portfolio is actually still pretty nicely green uh but Nvidia again just uh yeah falling fast I don't want to get stuck in that to be honest um all right so big fall for NVIDIA I'm going to buy this up now but it's risky all right we're getting we just got we loost we're still up 100 bucks on the day but again I let my uh I let my overzealousness are you Le a bearish yeah so that's what I said I I didn't want to buy up the bottom because I was bearish shortterm I should have stuck in with the strategy we're still up hundreds but still got to be disciplined here still up in fizer too fizer is now really green as well Nike's bounces back a lot also and look there's the bounce back too the the real the real scary part for me is NVIDIA nvidia's down a lot um so again I think the biggest chance of the market crash right now to be honest is uh the biggest chance of a market crash is if Nvidia here comes all the way down to under $100 a share right if that happens if Nvidia right here does that the whole Market is going to dump with it you know and that's the that's the ultimate risk see there we go so look I the choppy strategy would have worked here too how you guys doing today you guys red or green also guys if you haven't already check out apex apex is what I'm day trading on today great way to limit your risk if you want to day trade um if you want to day trade try out a funded account program there's limited risk if you lose is not the end of the world and it's really one of the most powerful ways to learn how to day trade almost all day Traders lose thousands of dollars in the beginning when they first get started it makes absolutely no sense with all that said to risk thousands of dollars as a brand new day trader instead for 40 bucks a month you can try the 25k Challenge on apex if you lose you're out 40 bucks it's not the end of the world if you pass it you get 25k in funding with a 90% split and they pay out hundreds of millions of dollars to their Traders uh again what they're going to do is they're going to give you a demo and if you can hit the target on that demo the base one's 25k again it's about 35 bucks if you use my link uh they're going to give you a 25k demo if you can make, 1500 on it without losing 1500 first and following their rules they fund you 25k with a 90% split so it's similar to put the money up yourself in that regard but if you lose you're only out 35 bucks it's a great way to learn how to day trade most day Traders are going to lose here as well cuz most day Traders just simply lose I'm not even claiming to be a good Trader but it's a lot cheaper than putting up 5K and losing that which is what most day Traders end up doing so again if you want to check him out here's the link great way to help support the channel use coupon code BT beginner trading will get you the max discount we're right at the bottom here um so I might buy this up there's also a risk of buying right at the bottom if we get a low of the day break it's bad but we have a cushion so we'll play with it there we go all right so we're out so yeah we're back up uh so we just got the bottom dip again I think we're going to get choppy action Sofi is starting to bounce back too um yeah you got to be longterm in most of your Capital right uh but if you know over time you can build up a good portfolio I'm in Southwest too I'm still Greening St with I'm in meta also we're in a lot of stuff long term that we've been profitable on um all right guys the job report's coming here chat the job report's coming so you guys red green so some saying short entry was sloppy but up 1.5k 10636 is a strong level for NVIDIA yeah I mean I think I think extension on the downside is definitely there for NVIDIA so I think it's it's part of like we just got to look at it objectively and understand we're at the bottom range leading into the jols report it's a very probable of choppiness after the Jon's report it doesn't matter um and I think with the FED meeting tomorrow we're going to get added choppy pressure so we're going to get more people not knowing what to do uh and and being in decisive here but again we might crack lows here again I'm I'm not really trading there's too much be pressure for me here uh but I think there's a big chance again I'm not trading I'm not telling you what to do I have no idea what I'm going to do I'm going to preface everything with no idea what I'm going to do uh and no idea what this is going to do there's too much be pressure but I think eventually we're going to come back up like this leading into the jolt report most likely so that's my guess is eventually we're going to do that again I might be wrong do not copy me not an investment professional but I think like yeah there we go look um we'll see if I'm right but I I think eventually we're going to get moving forward it depends on how much we break down first though what do you guys think do you guys think we rebound into jolts looking at our poll numbers we got 300 plus votes 58% think joltz comes in higher than expected what do you guys think that means uh if joltz report does show up higher than expected do you guys think the market likes or dislikes that that would signal more economic growth um but ultimately more inflation problems as well right so uh yeah what do you guys think do you think it's good or bad for that to come in higher than expected look there's the rebound again it doesn't mean anything though um there's a lot of pressure here Nvidia is going to be an influence like right so like I think we're going to bounce back but if Nvidia cracks lows and dumps down here ahead of the jolts it doesn't matter this thing's probably going to drop with it so we'll see if my little prediction is right but you think the market dislikes it um higher jolts yeah so higher jolts does signal less less need to cut rates right so if you're one of those people that are really pushing for rate Cuts or really want interest rates to go down um a higher jolt report would signal less likelihood like a less lesser probability of that you know all right guys so again Nvidia we're testing lows I might be wrong here again don't copy me not an investment professional but um we'll see how predictable these moves are I might put my money where my mouth is and buy a little bit of this ahead of the jolts yeah but I'll take a couple contracts here we'll take half off there lock it in they only got one now I don't know if I'm going to add to it though there we go we got two contracts now we just took half off there we go now we're flat two contracts took another half off we're out so yeah we're back up to being up 130 140 bucks um I think we're going to bounce back leading into the jol report report and there we go we're starting to uh so higher so with stocks vo it doesn't matter right so with stocks nobody freaking knows right um now anything could happen with stocks right like nobody knows what's going to happen but right now the market genuinely fears a couple different things right the market genuinely fears inflation and what is more economic growth signal it signal more inflation right but at the same time I think the market also fears rate Cuts right now and so what is higher economic growth signal less of a need to cut rates in that regard as well so I think it's nuanced it's not as easy as saying hey if this happens the Market's going to do this or if this happens the Market's going to do that I think it it really is up in the air and the market could do either one of those things aggressively right uh I would guess the market still somewhat fears inflation but the market also I think it's a little lately at least it's been more back to Convention what do I mean by that I think like lately the market has acted in a way in which is more true to Convention meaning like economic growth is a positive thing not not a negative thing uh you know so higher jobs openings probably will evoke a positive response but again I might be wrong though this is what like right now it's a period where it's it's super Middle Ground where some people really push for rate Cuts because they think the economy is weak some people are really fearing inflation like me personally I think more economic growth is a bad thing you know I think more economic growth signals more inflationary problems um but I also don't think we should cut rates and I think a lot of people mostly that work in lending are trying to give you the argument of like oh we're in some type of super deep economic weakness which we're not and so if the jolts report comes in lower than expected you're going to have a bunch of people predicting Market crashes trying to act like somehow that's some terrible horrible sign for the economy and we should cut rates as fast as possible and again I'm pretty much against rate Cuts right now I don't think we should cut rates I think instead we should wait uh and again I I'm looks like I'm wrong here unless we make some sudden rebound back up from joltz I thought we would bounce back up leading into jolts but uh so far Nvidia has been very very flat over the last 10 minutes or so and again overall like the stock market has come down a little bit the NASDAQ has dipped a little bit here uh we still have about 4 minutes left until the jols report drops and so we still got some time but yeah Market is a bunch of Al go horsing around yeah for sure yeah I think rates should not go down I think the real estate Market's already up dramatically in the last like 5 years I think I think house prices have almost doubled and so lowering rates to Pander to real estate and lenders is a dumb idea and it's just going to cause inflation to spike up another ridiculous amount and then people are really going to be unhappy and they're going to blame it on other things but the real reason is because they're trying to stimulate the real estate market again when it's already up 100% on the freaking half a decade just doesn't make any sense just doesn't make any sense um all right so again you're wrong whoever said higher jolts is bearish for the economy higher jolts openings and labor turnover survey numbers generally signal a stronger economy increased job openings indicates that employeers are confident about the future and expanding their Workforce which typically happens when the economy is strong High jolts numbers suggest the tighter labor market where there are more job openings than available workers and quote so yeah higher jolts is economic strength not weakness um you might hear job openings and think that that refers to weakness but again that's wrong that means that companies are hiring more and and opening more positions uh anyways Nvidia falling down so again it looks like I was wrong about my little directional prediction here I thought we'd get more choppiness leading into Jones we we've already made our money from the choppiness we got at the opening bell here but uh Nvidia is falling down to 108 this job report is going to be very important very significant here we're also going to throw it in sub only mode as well chat so if you haven't already hit the Subscribe button hit the notification Bell I appreciate it we got a couple minutes left a couple minutes left I think we're going to get a bounce leading into this but who knows man um all right so we're going to buy this dip take some profit up here and then play around with this there we go all right so we're up about 140 bucks pretty small amount I mean it's not a crazy amount but you can kind of see where the edge lies like uh all right so we got 600 plus people here all right guys you ready jol's report expected again J uh chat jol's report expected .02 million we also have CB consumer confidence data so both of these are very big reports uh these are all ahead of Major Market Tech earnings there's the rebound that we wanted it's a little too little too late though we got 40 seconds left guys 40 seconds left hit the live button next to the play button make sure fully caught up on stream chat we appreciate the love thanks so much um here guys 30 seconds 30 seconds until jolts 20 seconds chat 20 seconds until jolts we're starting to bounce 20 seconds 10 seconds all right let's see this here we go yeah somebody asked ECB no the ECB decision is not today all right guys here we go and there's the report jolts CB consumer confidence came in higher than expected at 100.3 higher than expected jol's numbers showed higher than expected at 8.18 million 8.18 million way higher than expected jolts numbers and again so far we've reacted positively to this uh jolts job report showed up higher than expected here chat higher than expected again at 8.18 million hit the Subscribe button we cover this data very quickly relative to everybody else uh but again the jol report showed up higher than expected uh and we'll see what the implications of the market is again jol report showed up at 8.18 million versus 8.02 million expected the CB consumer confidence data showed up at 100.3 versus 99.7 but the jolt report again higher than expected 8.18 versus 8 million expected previous of 8.14 um so yeah higher than expected jolts report here Chad higher than expected uh CB consumer confidence also showed up higher than expected both of these things signal economic strength not weakness and ultimately less of a need to cut rates so we'll see what the implications are for the market here is the data right here again both of these things signal economic strength right not weakness and less of a need to cut rates again everybody pushing for rate Cuts doesn't make any freaking sense like I think it's hard for them to admit they're just trying to benefit themselves with uh better lending volume uh but we should not cut rates like this makes no sense like why would we cut rates in a strong economy like it doesn't make sense like yes the people are going to argue hey if you think the econom is strong you're crazy and again I don't think the economy is great I think prices are up way too much but cutting rates will make that problem much worse and it looks like the market might want a rate cut and so this is what the Market's turning on um but again higher than expected signals more inflation problems is probably what this is so higher than expected signals much more inflation problems and again the market is tanking right now chat the market is tanking again people seem to think like look the economy is strong but the market is not great things aren't all good people are genuinely unhappy why are people unhappy people aren't happy because prices have gone up way too much right and what is stronger economy signal it signals higher prices worse price problems inflation needs to get under control we should not cut rates anytime soon I wonder if this affects I wonder if this affects the likelihood of uh you know I wonder if this affects the likelihood of uh a September cut let's see so again here's a September cut predictions right now it's still okay so this is July here's September so in September nobody's expecting a pause anymore everybody's expecting a cut uh here's 25 basis point cut here is a 50 basis point cut 4% of people expecting a 75 basis point cut which would be ridiculous um but again the jolt numbers are out I wanted to buy this up but it looks like I'm a little bit too late here I thought higher jolts would be better for the market I mean again as I said many times I'm just throwing up some guesses I have no idea this report's very nuanced again the reason the market would react negatively to economic strength like this is inflation fears right so if the market fears inflation they're not going to want a higher jolt report why because higher like higher job openings more economic growth signals what the signals way more spending and way more spending equals what chat it equals freaking inflation problems um and so with that said the jolts report showed up higher than expected CB cons uh consumer confidence showed up higher than expected and what was the consequence consequence was negative reactions in Market which means what it means the market fears inflation right now uh we should not cut rates in September we just should not cut rates it doesn't make any sense to cut rates in September uh we definitely shouldn't cut rates tomorrow but who knows what the fed's going to choose to do um I could disagree or agree with anybody but who knows what the fed's going to choose to do I just don't think it's time to cut I think it's a bad decision to cut I think uh it's risky to cut we're going to take one kind contract here play with it add to it take a little bit more off we can bounce a little bit more and then cut it so we're up 150 on the day just a question how would rate Cuts affect gold prices gold generally moves macro with the market right uh so I don't know um Ray Cuts would give more people access to lending and investments in that regard and maybe might negatively impact gold because more people are going to gravitate towards other forms of uh Investments like real estate if rates are lower but again that's just a speculation I don't know if that's normal for gold or not uh you know yeah I don't know and again if you want to day trade with me I am day trading on apex right now again this is a funded account on apex 50k funded account and again if you want to day trade like me try out Apex it's one of the most legit in the world they pay out Millions fund thousands Traders every year they paid out almost $240 million to their traders in actual withdrawals I think um they're a sponsor of mine though I'm biased because they pay me money but it's just a great way to learn how to day trade it in my opinion it's the best of both worlds you got limited risk if you lose the base one on apex you're out 35 bucks you can also get the 150 250 and 300K challenge for the same price about 35 bucks a month before tax and again you can kind of see this sale ends in a day and 13 hours in a day and a half this sale ends right and again right now you can get the 25k 150 250 and 300K all for the same price about 20 about 35 bucks if you use my link and coupon code BT again you can kind of see how much they pay out they've paid out over 250 million already over 250 million they pay out this is growing too almost 14 million a month in payouts and so again if you want to check them out they are sponsor they pay me money I'm biased because of it uh understand these rules chat but you can use my coupon code yeah we're going to definitely be live later on today for sure definitely going to be live later on today all right so we didn't get that big rebound it just took a little time um again my accuracy on apex today has been pretty good and again they're sponsor of mine I'm biased they pay me money I can't guarantee anything you want to confirm it all with them first uh but my accuracy rate has gotten pretty good today again we are up we're running 73% [Music] accuracy again here's my graph it could be better we're we're like I said we're up about 150 [Music] um but yeah today we have uh Microsoft AMD yeah definitely top three in three-ish traders in the world right now for sure where's AMC so AMC has their earnings report uh see I was right about the rebound it just took some time uh AMC has their earnings report Friday which is weird you know I got some stuff I got to do Friday I'm going to try to cover it but where's GameStop uh I use a bunch of different sites sources resources all that stuff dude [Music] yeah penny stocks Ln running up a little bit I'm not a big penny stock Trader I have 10,000 shares of L Lum stock at 108 should I sell or hold bro I'm not telling you what to do PK I have no idea what you should do I'm not an investment professional I'm not liable if you lose always make your own assessment trade responsibly and all that good stuff but if I'm up personally over 100% like you are in a penny stock this thing is almost certainly not going to hold maybe it does maybe it runs up and makes Crazy big gains but again I wouldn't bet on that most of these are going to fail long term and so if you're up over 100% I mean if it was me I'm taking profit personally but again that's just me I have no idea what you should do and I might be wildly wrong about anything and everything I say so don't copy me I have no idea what you should do there dude um Good Luck do me a favor hit that subscribe button if you have't already Chad I appreciate it you know this really weird thing happened though since uh the crowd strike glitch right so we used to get all these scammers and Bots that showed up uh in the comment section of every video I would post it would be all these like weird scammers and Bots they're now gone right um like I haven't had one of those scammers show up in weeks since the crowd strike thing so something must have taken them out like shut them down or something um yeah I'm not telling you to sell I have no idea what you should do PK but um you know like I said bro uh if you're up 100% plus and anything dude I'm at least taking some profit personally but again that's just me I don't know what you should do there uh yeah fomc meeting tomorrow again not only that but we got Microsoft tomorrow we've got um yeah we got Microsoft we've got Microsoft and AMD earnings this evening so it's crazy you know we'll see what we get but big Tech earnings should move things Hush Hush my dogs won't be quiet sorry guys I'm not yelling at you I'm yelling at my dogs here I'm going have to go get them I'll probably close it down guys listen if you haven't already hit the Subscribe button hit the notification Bell I love you all thank you so much for the live stream I'll see you guys a little bit later again check out Apex if you want to help support support your boy here um y'all be good so SOI is still slightly green on the day not the most green but hey I'm basically flat in my position overall but I'm going to get out of here guys y'all be good um I'll see you guys a little bit later y'all again check out Apex link is in the description you want more info I'll see you guys later y'all be good have a great day chat be back later on today so later on today we got Microsoft AMD earnings so be ready I'll see you guys