A Fed Smackdown Ahead?!!
Welcome to my YouTube channel! In today's video, we're diving deep into the tumultuous world of the markets. I'm Dr. Stock Doctor of Education, and I'll be your guide through the financial maze. But first, let's lighten the mood a bit: ever wondered how lumberjacks work from home? They "log in"! Now, let's get down to business.
We'll be dissecting the charts for SPI and the Qs (NASDAQ) to decipher the current market trends and speculate on what the future holds. Plus, we've got the highly anticipated FOMC meeting just around the corner, with Jerome Powell set to reveal crucial information on rate hikes and economic forecasts.
But before we delve into the nitty-gritty, remember that you can find my buying and selling recommendations on this page and in the description, including access to my comprehensive options course designed for traders of all levels.
Now, let's dive into the charts. Starting with the SPX, which tracks the S&P 500, we'll analyze the recent breakdown below the 50-day moving average and the rising wedge pattern. We've also got that intriguing "triple witching day" to consider. Is this narrow body candle signaling a battle between the bulls and bears? Stay tuned as we explore potential support and resistance levels.
For the Qs (NASDAQ 100), we're witnessing a similar story below the 50-day moving average. However, today's market lacked the usual excitement. We'll be keeping a close eye on volume support and RSI to gauge market sentiment and anticipate potential drops.
I've also made some strategic moves, particularly with TQQQ puts, and I'll explain my reasoning in the later part of this video. Remember, you can access all my trades and insights on Patreon; just follow the link in the description.
Now, let's talk FOMC. While it's highly unlikely we'll see a rate hike this time, the real focus will be on Jerome Powell's tone and specific words regarding future hikes. Are we looking at a pause, or will there be more aggressive tightening? Keep an ear out for those subtle cues in his speech.
The real game-changer will be the Summary of Economic Projections. We're especially interested in the projected federal funds rate for 2023. Will it remain at 5.6% or drop to 5.3%? This number could significantly impact market reactions, so watch out for it during the release.
If you enjoyed this video, please show your support by hitting that like button, and don't forget to explore the benefits of our Patreon community, including my stock price predictions, earnings forecasts, and options course. Join our passionate finance community and let's navigate the markets together.
Lastly, remember, "Learning is Earning." I'm Dr. Stock Doctor of Education, and I'll catch you in the next video. Stay tuned, stay informed, and stay profitable!
We'll be dissecting the charts for SPI and the Qs (NASDAQ) to decipher the current market trends and speculate on what the future holds. Plus, we've got the highly anticipated FOMC meeting just around the corner, with Jerome Powell set to reveal crucial information on rate hikes and economic forecasts.
But before we delve into the nitty-gritty, remember that you can find my buying and selling recommendations on this page and in the description, including access to my comprehensive options course designed for traders of all levels.
Now, let's dive into the charts. Starting with the SPX, which tracks the S&P 500, we'll analyze the recent breakdown below the 50-day moving average and the rising wedge pattern. We've also got that intriguing "triple witching day" to consider. Is this narrow body candle signaling a battle between the bulls and bears? Stay tuned as we explore potential support and resistance levels.
For the Qs (NASDAQ 100), we're witnessing a similar story below the 50-day moving average. However, today's market lacked the usual excitement. We'll be keeping a close eye on volume support and RSI to gauge market sentiment and anticipate potential drops.
I've also made some strategic moves, particularly with TQQQ puts, and I'll explain my reasoning in the later part of this video. Remember, you can access all my trades and insights on Patreon; just follow the link in the description.
Now, let's talk FOMC. While it's highly unlikely we'll see a rate hike this time, the real focus will be on Jerome Powell's tone and specific words regarding future hikes. Are we looking at a pause, or will there be more aggressive tightening? Keep an ear out for those subtle cues in his speech.
The real game-changer will be the Summary of Economic Projections. We're especially interested in the projected federal funds rate for 2023. Will it remain at 5.6% or drop to 5.3%? This number could significantly impact market reactions, so watch out for it during the release.
If you enjoyed this video, please show your support by hitting that like button, and don't forget to explore the benefits of our Patreon community, including my stock price predictions, earnings forecasts, and options course. Join our passionate finance community and let's navigate the markets together.
Lastly, remember, "Learning is Earning." I'm Dr. Stock Doctor of Education, and I'll catch you in the next video. Stay tuned, stay informed, and stay profitable!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Doctor of Education, long-term investor, & stock trading enthusiast researching the markets and making decisions.
523Followers
8Following
1415Visitors
Follow