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(WARNING) NEXT WEEK I’M GOING TO SHORT EVERYTHING…

11.3K views
•
October 27, 2023
by
Ricky Gutierrez
YouTube video player
(WARNING) NEXT WEEK I’M GOING TO SHORT EVERYTHING…

TL;DR

Despite positive tech earnings, the market sentiment is negative; potential market sell-off looming.

Transcript

so before you say anything about my outfit I'm going to a Halloween theme costume party so uh please ignore that but I quickly wanted to recap the overall day just so you guys could see where I'm at $15,800 and then on sqqq was my biggest winner for the day and it was $2,211 my LPB team did get to see me trade live um and got all of the updates for... Read More

Key Insights

  • 🧑‍💻 Positive tech earnings haven't translated to positive market sentiment.
  • 💦 Concern over NASDAQ dropping more than 10% potentially signaling a market correction.
  • 🍰 Trader discusses potential shorting opportunities if market conditions worsen.
  • 🫒 Emphasis on live trading sessions to showcase both successful and unsuccessful trades.
  • ❓ Apple's upcoming earnings report may impact the market significantly.
  • 🉐 Opportunities for market gains both in bullish and bearish conditions.
  • 🎗️ Reminder about an ongoing M4 giveaway for interested individuals.

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Questions & Answers

Q: What was the trader's biggest win for the day, and how much was it?

The trader's biggest win for the day was $2,211 on sqqq.

Q: How does the trader view the current market sentiment despite positive tech earnings?

The trader sees negative market sentiment despite positive tech earnings, leading to potential market sell-off worries.

Q: Why is there concern over the NASDAQ dropping more than 10%?

A drop of more than 10% for the NASDAQ puts it in correction territory, signaling a potential market sell-off.

Q: How does the trader plan to react if the market breaks below the moving average?

If the market breaks below the moving average, the trader plans to heavily short the market and capitalize on the potential sell-off.

Summary & Key Takeaways

  • Trader discusses daily performance, highlighting a $2,211 win on sqqq.

  • Market sentiment is negative despite positive tech earnings.

  • Concern over NASDAQ dropping more than 10%, potential market sell-off.


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