🔥NVIDIA and SMCI STOCK PRICE UPDATES 🔥 You Need To See This Now!

TL;DR

The market had a turbulent day, but the speaker managed to turn a loss into a profit through strategic trading. The NASDAQ is predicted to experience a significant downturn in the next few weeks. The Federal Reserve's rate cuts are likely to be postponed until later in the year.

Transcript

welcome back everyone we had a wild day on the market today is this the beginning of the end where do we go is the Fed going to crash the market and what happened to the live stream today for those who are watching oh what a day what a day I got to share this with you for those I got to tell you we keep the record intact uh believe it or not was ab... Read More

Key Insights

• 🏃 The speaker emphasizes the importance of normal market corrections following significant runs.
• ☠️ The Federal Reserve's rate cuts are not expected to happen in the near future, which may have an impact on the market.
• 🔊 The speaker believes that both Super Micro (SMCI) and Nvidia will experience short-term volatility and profit-taking before reaching new highs.
• 😋 The TMF family is struggling due to factors such as inflation and rising gas and food prices.
• 🥶 The speaker encourages viewers to join the stock mode Patreon for access to trading information and benefits, including free stocks.

Questions & Answers

Q: How did the speaker manage to turn a loss into a profit during the trading session?

The speaker bought put options after a breakout, which resulted in a quick decrease in price, allowing them to recover their loss and make a profit.

Q: What is the predicted downturn for the NASDAQ?

The NASDAQ is expected to experience a downturn of around 7 to 12% in the near future, following a period of significant growth.

Q: When are the Federal Reserve's rate cuts expected to occur?

The rate cuts are unlikely to happen in March or May, with the highest chances in June and September, according to the Fed rate tool.

Q: How are inflation and rising prices affecting the market?

Inflation and rising prices, particularly in gas and food, are causing concern in the market. The speaker is considering playing this situation through put options.

Summary & Key Takeaways

• The speaker had a successful day trading session, turning a $642 loss into a $786 profit.

• The NASDAQ is currently hitting resistance and is expected to experience a downturn of around 7 to 12%.

• The Federal Reserve's rate cuts are unlikely to happen in March and May, with the highest chances in June and September.