Hey yo, what’s up everybody? What’s going on folks? Welcome to the True Trading Group live stream. Hope you guys are all doing well. Hope you’re having a fantastic day. We sure as hell are. This has been a
this has been a really wild last two days. Um, volatility has really picked up in the market. If you guys have been following the channel for a while, you know that this is something that we’ve prepared for. You’ll know that this is something that um after last week and you know Friday’s big pullback, we told you that we were going to be shorting bounces into resistance. We told you that um we actually had started it going short the markets last week and then we really sunk our teeth into that trade this week. caught it yesterday over 200 points on S&P futures yesterday and then today we caught over 100 points on S&P futures. That’s over 300 points in two trading days on futures. It’s been one of those weeks where the analysis has been spot-on. And I’m not just I’m not like a Monday morning quarterback. I’m not trying to come on here and just be like, “Oh, hey, yeah, trust me. This is what we did.” Well, on Sunday night, I went live on Sunday, right on this YouTube channel, and I told you guys exactly where I was going to get short. First, I told you we were going to be short. Then, I told you exactly where we were going to go short. So, I I really stick my neck out there every week and I tell you what I think the market’s going to do. I tell you what I’m going to do, what stocks I’m going to get in, what prices I’m going to get in at, where I’m going to get out. Um, and this way you guys are, even if you you’re not a member of True Trading Guru, you’re just paying attention to the lives when you go through the analysis, you’re able to make some money from it. Listen, I’m not gonna be right every time, right? I’m going to be wrong sometimes. I’m not perfect. I don’t have 100% win rate,
but I’m right more than I’m wrong. And, you know, if you guys are new to the channel, you know, welcome. Hope you guys are able to to stick around long enough to to realize that and to see some of that analysis and hopefully we can make some money together. Um, you know, this is an an unbelievable trading environment. When you talk about the movement that you had on Friday, the movement you had yesterday, the movement that you had today, these are huge range candles. Absolutely huge range candles. So, let’s dive in. Let’s talk about it. Let’s go through kind of the trades. Um, I did close out my short position today. So, um, we were short yesterday. We were short today. I closed that position out. I don’t have a position going into tomorrow’s print. I’ll tell you exactly what I’m looking for the markets to do tomorrow. Um, and uh, we have Oracle earnings that just came out as well. So, we’re going to touch on that also. That obviously has a big impact on the AI trade. So, we’ll talk about that. So, welcome. Right. For those of you that are new, my name is Michael Edward Parinati. I go by Michael Edward. I’m the co-founder and head trader of True Trading Group. Um, I want you guys to understand that True Trading Group, we are not just a chat room at trade alerts and courses. an entire fintech platform that has that is home to the TTG terminal that has access to tools, resources, data, analytics that you otherwise would not have access to as a retail trader. These are proprietary tools that we have created through our partner
partnerships with the NASDAQ and OpenAI, Benzinga, Databento, Unusual Wales, just to name a couple of the partners that we have that we work very closely with that have allowed us to build out these these tools and to build out this platform. We also received the global benzinga fintech award for best AI analysis tool for our AI platform Mari. Um and then all the different tools that go along with that that have been a real game changer for the members that we have here at True Trading Group. So when you guys join our platform, you’re going to get access to all of these tools, these this suite of tools as well. It’s not just, oh, I’m going to join, I’m going to get courses, I’m going to, you know, listen to people trade or or listen to trade alerts. We do send out trade alerts, of course. There’s myself and seven other professional traders that trade with you live every day. We share our screens, um, answer questions, provide market commentary, send out all of our alerts. The moderators and I collectively have a cumulative win rate around just around 80% now going on roughly the last like six years. We track all of our trades, all of our entries, our take profits, our stopouts, green reds, break evens. It’s all right there for you guys in the traders history section on our website. Full transparency open book. Um, and if you’re wondering why I should pay attention to what it is that I discuss on this channel, it’s not because I claim to be the world’s greatest trader. Um, I, you know, I think I’m a damn good one, but I’m I’m not the world’s greatest. I’ve never claimed to be. But I think you should pay attention to what I talk about here because I didn’t figure this stuff out on my own. I began my trading career working at T3 Alpha Fund in New York City, my first job out of college. They had me go through a training program before they let me touch $1 of the firm’s money. And then shortly after that, 2008 happened and that was the great recession, the big stock market crash, but also the same year that I received one of the firms trader of the year
awards. So now you fast forward, I’m the co-founder and head trader of TTG. And now we have 11,000 members from 114 different countries. We day trade, we swing trade, we scalp, we cover long-term portfolio investing, we trade stocks, options, crypto, futures, you name it, we trade it. There’s something for everybody here. So, if you’re new to the channel, subscribe, smash that like button, show some love, turn on your notifications, make sure you never miss out on any of these lives because we’re dropping golden nuggets on a regular basis. All right, so let’s take these on over to the charts. Let’s talk about, you know, what we’ve got um cooking here. Obviously, the markets are are in a experiencing a really nice pullback off of their highs from 760. We’ve now fallen back to 725. Um that’s where we currently sit and we’re starting to finally get into some support levels. So, if you guys followed, if you guys were with me on Sunday when I went over my when I went through my live stream, I went over some specific levels for you guys. Um, we talked about where we were going to be going short. We said the mid740s was our short target to reload on the short position because we had originally shorted on Wednesday, the week prior, and we wanted to reload and get back into that position. We did so at 7:45 and then we did so at 7, I’m sorry, excuse me, we did so at 7 um, yeah, right around 7:45. It was a rejection off of 747 and then we got in short around 745 and then we reloaded back onto that short position today at 737. Um, and we’ve completely covered out of that position now as a spy has fallen to the 720s. If you are a futures trader, we covered out of that position just underneath 7,300.
Okay, I actually was in a futures short, but I also whenever I enter a futures trade or whenever I enter an equities trade, I always will alert an option contract for my option traders out there if you want to follow me on the trade. Okay, so um was a triple digit banger today on the put options and was over 100 points on futures. So, wonderful job. Okay. Uh, absolutely wonderful job from 7394 for the short and the final take-profit down there at 7291 today. Okay, so really great job and 7470 yesterday. So, very nicely done. Fantastic job. But I’m not going to get into the analysis on why we were going short today. I already went over that stuff on Sunday. So, if you missed it, go back and watch that live stream. It’s right here on this YouTube channel. You can go back and watch it anytime that you guys want. Let’s talk about not what we said a few days ago. Let’s talk about what we now think happens a couple days from now. Right? That’s what we’re here for. We’re here to talk about how we can make money, not how we already made money. Uh we don’t want to talk necessarily just about positions that we took. We want to talk about positions we’re either currently in or that we’re going to be getting into. So, I went over some key support levels with you guys. And we have reached one of those key support levels, which is the gap fill from May. And if we go back here and we take a look at this open gap that we had here from early May that never got filled and tested, it has now been filled. So if we draw a line right across that gap, Bill, it takes you right to around 724 or so. All right. And there it is. And as you can see between yesterday and today, that gap has now been filled. Now, historically, my experience will tell you that whenever you see one of these real big bottom tail type of reversal candles that gets wiped out and tested again on that second day, usually without some major news catalyst, usually that means there’s still more downside to come that we were not able to hold any of this bounce back and this recovery. And not to mention, we actually tried to reclaim what was a previous support level. And then that now previous support level is now acting as resistance. And you have your 9 EMA momentum indicator that’s curling to the downside. That just is going to I think put pressure on the markets down here in the 720 730s to push us just a little bit lower. I still don’t think that this pullback is finished yet. But I do think that we’re coming up on a support zone that I think could cause a little bit of a bounce and we’re going to be trading it. Okay, we are going to be trading it. So, let’s kind of dive in here. As you can see, this gap bill 725 was one support level. And your next support level that we’re going to be looking at is going to be right around 715716. Now, the thing that I like about this next level, 715, 716 on the SPY, is that it lines up with your 50-day with a 50-day moving average test. This dark blue line you see on my screen, that’s the 50-day. What I think we’re going to end up see happening here is that tomorrow we have PPI data. Okay, we’ll see if the PPI data is good or bad. Today’s CPI data was in line with expectations generally. Uh but one of the metrics, the core month-over-month number was lighter than expected. So, you got a a better than expected CPI number today as far as the ant the expectations. We’ll see what the PPI number shows there tomorrow. Um, the market’s still sold off today because the leading culprit here in the markets is not necessarily what’s going on with inflation right now. The leading culprit right now is a complete momentum tech unwind. A complete momentum tech unwind. Like yesterday, you had that huge sell-off. The NASDAQ was down around 4% near the lows. But yet, the equal S&P, the Russell, and the Dow each finished green yesterday. Now, today it was too much for everyone to handle. We all just all the everything in the market just kind of got pushed back to the downside here today. Um, but we are really being led lower by technology and led lower by the NASDAQ and the semiconductors, the MAG7 and the AI trade. We’ve been we’ve been led lower by Apple. We’ve been led lower by Nvidia. We’ve been led lower by big pullbacks in, you know, semiconductors like AMD and Broadcom and SanDisk and Micron. These are the stocks that are taking us to the downside currently. And I think that that momentum is going to continue into tomorrow. And then I think at some point in the middle of the day tomorrow, the market’s going to try to bounce. And the area that we’re going to look for the markets to try to bounce is going to be underneath the 50-day moving average. If you look at my screen, I’m looking for follow through to the downside tomorrow early. Okay? Breach breach that 50-day moving average. get into the 715 716 support level and then try to bounce from there. So price action that we look for tomorrow is going to look something like this.
Okay. Now I’m going to delete the support levels. Okay. I’m going to delete the support levels just so you guys can see the candle. All right. Well, I’ll delete the that top support level. This is the support level that I think we’re going to try to hold from. So, I want you guys to see the candle that I just drew there. All right. So, we’re going to look for follow through downside early. Look for weakness early. we can maybe breach that 50-day moving average, get down to like 716 or so, and then try to recover and bounce from there, and then give us maybe a potential bottom midday and see if the markets can recover and make a push into the close um tomorrow afternoon. What I also think that you have been seeing, and there’s been a lot of questions about, you know, the SpaceX IPO, and I’ve been covering the SpaceX IPO a lot. I’m actually going to be publishing a video um on the channel probably tomorrow laying out for you guys my entire analysis and my entire plan of exactly what I’m I’m going to do with SpaceX. I’m going to lay out for you my trading plan and I’m also going to lay out for you my long-term portfolio plan. Am I buying the SpaceX IPO for a day trade or a swing trade? I will let you know if I’m going are am I going long? Am I going short? Am I going to buy it in my long-term portfolio? Am I not? I’m going to go over all of that with you guys. I’ll probably publish it tomorrow just so everybody has a good idea of what I’m going to be doing. Now, if you are a member of True Trading Group, obviously, I’m going to be trading that live with you guys on Friday. I absolutely will be trading the SpaceX IPO. I think it’s going to be one of the craziest IPOs um ever. I really do. I think it’s going to just be absolutely crazy. And and here’s a a crazy stat. Not only I don’t know if you guys knew this or not, but not only has the NASDAQ changed their rules to allow fast entry into the NASDAQ 100 for SpaceX, they okay, I don’t know if you knew that or not, they changed their rules. They need to be a public company for 15 days instead of several months, what it used to be. They need to they also um removed the the size of the float requirement. So the NASDAQ literally changed their rules so that SpaceX can go into the NASDAQ 100 within the first 15 days. Absolutely incredible. Never seen that before. Second, the other thing that’s taking place that just blew my mind is ProShares. ProShares, okay, is the largest provider of leveraged ETFs in the world. Okay, largest provider of leverage ETFs in the world, ProShares. ProShares put out a press release yesterday that went unnoticed by a lot of people. ProShares is listing a two times leveraged SpaceX ETF on Friday. I have never seen a two times a two times leveraged ETF launched the same day of the IPO itself. That’s nuts. So you guys are going to be you can trade space X SPCX or you can trade space F SPCF. So instead of SPCX SPCF as in Frank that is the two times leveraged ETF that is being launched by ProShares on Friday. So, right out of the gate, there’s a leveraged vehicle for the maniacs of the market to participate in what is surely going to be a wild roller coaster of a ride on the SpaceX IPO. So, and then you’re going to have all of these NASDAQ, oh my goodness, all these NASDAQ funds. So, like all the funds that track the NASDAQ like the QQQ, right? QQQM, like all these other ETFs that are out there. There’s a bunch of them that are out there that track the NASDAQ. They’re all going to have to buy SpaceX.
You know that within 15 days that SpaceX is going to be added to the NASDAQ 100. You know that. So, all of those those funds are going to have to be buyers of it. I I just this is going to be absolute insanity. Now, so without giving too much away, right? Well, I’m not going to talk too much about how I’m going to, you know, how I’m going to trade SpaceX. Like I said, I am going to publish I’ll do something I’ll do probably do something tomorrow to kind of give you guys my full analysis on that. But there’s no doubt in my mind that a lot of the momentum unwind that you’ve seen in the market, a lot of the pullback in some of these AI and memory and um excuse me, AI memory and like semiconductor names, there’s no question to me that people are taking profits in those high-f flyers because they’re up an astronomical amount of money and they’re raising some cash from those positions to then allocate towards the SpaceX IPO. There’s no question in my mind that that’s where a lot of the liquidity that is going to go into the SpaceX IPO. Remember, they are raising 75 billion. They have received $300 billion worth of orders, which is a four times it’s four times overs subscribed. Um, which is actually not that high, by the way. Like for an IPO to be four times overs subscribed is actually not that high. You’ve had a lot of other IPOs that were oversubscribed by way more than five than four times, but they weren’t raising $75 billion. I mean, you have some of these some IPOs that are overs subscribed, you know, 20 times, but they were only raising, you know, two billion, right? So, it’s they’re not raising 75 billion and then, you know, a four times would put you at 300 billion, which is obviously an incredibly large number, but to be four times overs subscribed is not that much, but to be over but to be subscribed for 300 billion is an astronomical um like an astronomical size. These other these other IPOs are not oversubscribed by a $300 billion nominal number. So when you see someone on because you’re going to see you see people on social media that are like, “Oh, it’s only four times overs subscribed. These other IPOs were oversubscribed by a lot more.” Yeah, they were overscribed a lot more, but they were raising 1 billion. So you can be 10 times overs subscribed and have 10 billion dollars of orders and you’re 10 times over subscribed. You could be 20 times overs subscribed and you have 20 billion in orders. SpaceX has 300 billion in orders. So it’s like you’re not it’s not apples to apples
when you compare it that way. So that that specific detail is important when people try to talk about that. Um so it’s going to be nuts. It’s going to be crazy. And I also think that some of that selling pressure on some of these high-flying momentum names could ease as the allocation for the SpaceX IPO closes. Okay. So, I think you’re seeing some of that now. And that’s why I believe that tomorrow, now we get into Thursday, IPO launch is going to be Friday. Now, you have a little bit more weakness tomorrow morning. That could be from whatever. It could be US and Iran tension headlines. It could be the PPI number, but some weakness tomorrow morning to start. Sell it off. Sell it off. Get into the 50-day. Pierce the 50-day. Make everybody go, “Oh no, we broke the 50-day.” Run right into that support level. And then the selling pressure eases on some of these high-flying AI names. Some dip buyers step in, right? some dip buyers now step in on some of these names as the the selling pressure that’s coming into them for the for the um raising cash for the SpaceX IPO is over. You have some follow-through weakness from PPI and maybe some Iran headlines. That takes you through that level and then now the selling pressure eases. The dip buyers step in and that’s why I think you get a candle that looks like that tomorrow. Okay. So, what I’m going to be doing tomorrow is I’m going to look for early morning weakness and then by midday I’m going to start to look for reversal signals. Now, what is one of the main signals that I’m going to look for that is going to give me um some type of a of a sign that it’s time for us to try the long going into the close. From the from a chart pattern standpoint, I’m going to look for either a lunchtime double bottom or some lunchtime like a late morning base that breaks during lunchtime and immediately recovers. So, let me just draw for you. We’re going to play little We’re going to have a little segment here that I like to call arts and crafts with Michael Edward. It’s one of my favorite segments. TC members love it. It’s when I just I I just, you know, Bob Ross the [ __ ] out of these charts. So, we’re going to draw some nice happy candles, you know, we’re going to draw some happy candles. Um, so we’re going to look for I’m just going to draw it up here just so you guys could see. So, we’re going to look for, you know, morning weakness, right? Morning weakness. And then you look for us to just try to form a little bit of a base. All right? And that base will look something like this.
Right? Like you form this little bit of a base and then all of a sudden it breaks, right? So like you would draw, you would say here’s your support and this would be like the morning price action, right? So here’s your morning price action. We open up, we sell off, we sell off, we sell off, right? Okay, we sell off. Yeah, there’s no such thing as mistakes. No such thing as mistakes here on these arts and crafts with Michael Ever, just happy accidents. So, we’re drawing some happy candles and then you break the level and then it immediately um you break and pierce that low and it and this would happen sometime during lunch and then you immediately take it back. So if I see some price action that looks like that in the middle of the day that is occurring at around 7:15 7:16 on the spy I will go long right there and then we will look for an afternoon push back and an afternoon bounce and and a recovery attempt going into the close. So that’s one thing that I would look for. The other uh that’s one confirmation signal. The other type of confirmation signal that I would look for would just be a regular plain good oldfashioned W pattern or double bottom that will look something like this.
See, I told you guys you’re going to love Arts and Crafts with Michael Letter.
Okay. The other would be a good oldfashioned W or W or double bottom pattern. I would then wait for that double bottom and then I would go long somewhere inside here anticipating a higher low and then a continuation to the upside. Okay, so that’s going to be the confirmation signals as far as price action that I’m going to look for. But then I’m going to use my secret weapon and my secret weapon is courtesy of the NASDAQ and it is what I use today to capitalize on a 100 point move on futures and that I’m going to be using our level three data. So, for those of you that don’t know, we have a data partnership agreement with the NASDAQ, and that gives us access to their level three feed. Level three, if you don’t know what that does, level three allows us the ability to make a a distinction between an institutional order versus a retail order. So, we can actually see where institutional orders are beginning to cluster. If I look at a chart and I say, hold on.
Um, sorry. If I’m looking at a potential support level at 7:15 716, I’m going to go and use a level three feed and level three data to see, okay, do I actually now see institutional buy orders clustering around that area? And if I do, then that confirms my support level and gives me even more confidence to pull the trigger long for the afternoon bounce. If I don’t see that, I’m not going to take the trade long, right? I’m only going to see that if I see the institutional buy orders beginning to cluster together. We were able to use the level three feed today. I I literally owe it um I should probably call our rep from the NASDAQ today and tell my own mistake dinner because the money I made today um I literally owe I owe to the fee. And I’ll take you guys to a three-minute chart. I just want to just recap on today’s trade for a little bit. We we we certainly could, but you had a very nice clean resistance level here around 738 uh 737. And you guys can see the structure that you see here. This is a threeminut chart, but you guys can see here, right? This is your lows of the day and your close from the 5th. Then you have your low of the day here that sits at 738. Then we broke underneath that zone there yesterday and then it became resistance and then you had the big sell-off. You then bounced back in the afternoon and then it became resistance in the afternoon and then that’s right where the markets closed yesterday as well. So you had some really good structure there coming into the day today. We had the gap down today early. Then the markets push push push push push and then you can see it became resistance again. So I waited out and I told this to all of our members and this is not something that’s that’s new here. This is what you get every morning inside your trading group. tell our members exactly what I think the market’s going to do on the day. I tell them whether I’m going long or short and where I’m going to be doing so. So, I told our members today, guys, I’m looking for 737 738 resistance and then we’re going to look to go short. It’s going to be the exact same game plan as the price action that we had the prior day. Um, so when we pushed up into this level, I kept saying to so we have we have an AI charting software where our AI is completely integrated into live charts tick for tick and the level three data is overlaid on top of that chart. So it actually plots on
the chart for you. You can see like you know green and red arrows for the institutional buys and sells iceberg orders. If you don’t know what an iceberg order is, an iceberg order is an order that an institutional order or a large order that’s hiding the size. So, if you have you might see an order that says 200 shares, but really the orders for 4,000, that’s an iceberg order. Okay? So, I really like to see where are the iceberg orders sitting. And once I see iceberg orders accumulate at an area that I already believe is resistance, that’s my confirmation signal. And that’s where that tells me that there’s a lot of institutions now that are also selling this level. That creates a very heavy supply zone. So I go ahead and I short the supply zone itself with a stop loss above it. And then we look for the move to the downside. That’s what we did today. So I will sit there and I will actually ask Mari, that’s the awardwinning AI system that we have. That’s our proprietary AI. That’s what received the Benzinger Fintech award for best AI analysis tool. I will say to it because you can just talk to it right on your chart. And I will say, hey, I see resistance like 737, 738. What’s level three show you? And it will come back and say, okay, well, right now you’ve got, you know, 14 institutional sells to 10 institutional buys. Or is it 14 to or no, I’m sorry, it was 13 institutional sells to 10 institutional buys. There were no iceberg orders yet. I was like, okay, not exactly a very heavily skewed sellside institutional pressure. I wait a couple minutes and I’ll say, what about now? And then it will tell me, it’ll say, “Okay, yeah, 26 institutional sells, 22 institutional buys, still no iceberg waters.” I go, “Ah, that’s still kind of balanced.” And I would say, “I’m thinking about going short here. What do you think?” And it will say, “Well, you’re slightly skewed to the downside. You know, that would support a rejection off of 737 to take a short, but let’s wait and see, you know, what the institutional flow is going to look like because 26 to 22 is not a very heavily skewed short side or a heavily skewed one directional flow, right? wait another minute or so and then all of a sudden I ask again and now all of a sudden it’s like 41 or 42 institutional sells to 28 institutional buys or something like that. So now all of a sudden you’re starting to get this nice spread between institutional sells and institutional buys which now tells me okay the flow is beginning to the order flow coming in is beginning to to bulk up. And then it said now there’s four iceberg orders. All four iceberg orders were more than 4,000 shares each. 4,000 shares on the spy is a lot of money, right? 4,000 times 737. That’s a lot. Those are sizable orders. Once I saw that, I said, “Okay, done. That’s all the confirmation that I need.” Now, the institutional flow is in my favor. And then we go ahead and we take a short position. And I literally went short on futures right there. Okay. So, right here is where we stepped in. We took a short at 7394 or right when the spy was sitting at around 737. We took the short and then just just melted the entire rest of the day, right? We just melted out the entire rest of the day and we covered right into the close. Was an absolutely beautiful, gorgeous trade over 100 points on futures and well like 100 to 250% depending on the expiration date and the strike price that our members went after on put options. They racked in triple digit gains. Just unbelievable. But I would not have been able to do that if it wasn’t for the level three data because the level three data allows me to really identify those resistance and support levels and and get a feel for when price action and direction is about to shift. So I’m going to use the exact same tool tomorrow when I’m looking for the market to try to put in the bottom around 7:15 716. If we get down to that zone and I just don’t see any of that institutional buying begin to cluster together, if I don’t see any of those iceberg orders, I’m not going to go long. I’m going to really rely very heavily on the tools that we have, the to the tools that are part of this platform to make those trades and to make those decisions for me. That’s the reason why so many of our members are successful here at True Trading Group. It’s not because I’m the world’s greatest trader. It’s not because I have a 100% win rate. I don’t. Okay. Yes, the moderators and I are very good traders. We have great win rates. We have years and years and years of proven, you know, documented success P&L-wise, everything. But the reason why our members are successful is because they have access to tools and resources that genuinely give them an edge over other traders that don’t have them. This being one of them. And when I say our members have success, I I literally mean they make money. And I’ll prove that to you. Don’t just believe me because I say it. Members of True Trading Group, I want you to do me a favor. I want you to type the number one in chat right now. If you’re making money and you’re becoming a better trader because of TTG and the platform that you have access to, the tools that you have now have access to. Type the number one if you guys are making money and you’re becoming better traders because of True Trading Group. Anyone that’s watching this live stream that is not a member, I highly suggest you pay attention to how many people you see type the number one because all these people are no different than you. They literally were you. They were a viewer on a live stream and they joined True Training Group and now they’re telling you they’re making money. If they can do this, so can you. There’s zero reason whatsoever why all these people are able to make money and you can. They’re not luckier than you, and I promise you, they do not have more time than you. 82% of our members have a full-time job. So, there is literally no excuse. The tools and resources you have on this platform make it so you don’t need to be sitting in front of your computer screen all day, every day. They make it so you can become more consistent, so you can become more profitable, so you can make money. That’s why you’re here. You’re not here just to look at the painting that hangs behind my head. You’re here to make money. Those of you that are not members of Tru Training Group, I’m going to do you a solid right now. Actually, if you’re not a member, I’m going to let you guys, you can join this platform for 90 days and try it out. I’m not going to let you try it out for seven days or 14 days. That’s not enough time. I’m literally going to give you three months. I’m going to give you a trial for 90 days to come into TTG completely unrestricted access, get the trade alerts, come and chat, use the courses or go through the courses, use the the AI tools that we have part of the part of the platform and make money with us. Then we’ll talk about you becoming an annual member if you would like to stay. And I’m confident you are going to want to stay because 75% of our members stay with us after they join. Our refund rate at Trinity Group is less than two and a half%. We put our money where our mouth is and we believe so strongly that once you try the tools that we have on this platform that you are going to see an improvement in your trading results that I allow you to use them for 90 days for just 90 bucks. It’s literally $1 a day. We are going to lose money on you. All of our AI tools are usagebased. It will cost us more than $1 a day for you to use these tools. I don’t mind. The reason why I don’t mind is because I truly believe if you use these tools for just a couple of weeks, I don’t think you need 90 days, but I think if you use these tools for a few weeks, you are going to want to become an annual member of True Trading Group and it would have been money very well spent for us as a company. Make no mistake, True Trading Group is a business. We have over 30 employees. We have 11,000 customers. Okay? This is not a charity. I don’t do this for free out of the goodness of my own heart. You are paying for a service when you join True Training Group and that service is to give you access to tools, resources, guidance, mentorship, data, analytics that will help you become more profitable, more consistently. That is what you are paying for and that is what we are going to deliver. You can go to trueradinggroup.com990.
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As we sit here, markets are selling off a little bit further. I think part of that has to do with Oracle’s earnings. So, let’s talk about Oracle here a little bit. Oracle came out with earnings. And the reason why I believe the stock is down is not because the earnings were bad. their earnings actually weren’t bad, but they’re saying next year they expect to raise $40 billion through a combination of new debt and equity financing. Um, and that’s what is is that’s what is pushing Oracle further to the downside. Okay. Now, obviously, Oracle has gotten the absolute crap kicked out of it um from that that September day when the stock gapped up like 35% on earnings. um which seems like a decade ago at this point. Stock’s gotten the crap kicked out of it. You had a nice little recovery there in April and May. Um but it’s come back down to earth. Reality has set back in and the stock has sold back down to 190. Um their earnings, I’ll go through those with you. Their revenue came in at 19.2 billion. Analysts were expecting 19.1 and earnings per share was $211. Analysts were expecting $1.97. So, it is a top and bottom line beat there for Oracle, but you’re talking about a company that has already raised an astronomical amount of debt
and uh they’re going to raise more. They’re going to raise more. They’re also another big um another big problem is that their free cash flow was negative 23.7 billion in 2026. Let me say that to you again. Negative23.7 billion. So they are really kind of betting the farm here, right? They are betting the farm here on all things AI and data center related. and they are going to continue to spend money, capex, debt, equity financing, however means possible to make that happen. And investors don’t like it. So, this is not this is not the stock is not down 8% on the day right now because their earnings were terrible. It’s down because investors don’t want to hear that they’re going to now go and start to raise even more debt next year versus what they did raise um this year and last year. So that’s what’s going on there with regards to to Oracle. Okay. And if we take things back over to the SPY, we are continuing to sell off in the after hours. We are now getting very very close. We are getting very very very close to the prior days low. That prior day’s low on the spy is just underneath 723. 722 and a half. That is your next support level. And then once you get through that, I’ve already identified for you guys our next level, which is 715, 716. You do have this 50-day moving average here, but I do believe that that gets pierced. Okay. So, we’re looking for a pierce of the 50-day tomorrow, run it down to 7:15, 716, and then try to bounce. And I’m going to be using our level three data to try to identify when the tide is going to turn. uh and see if we can catch ourselves a really nice trade. Aside from that, the the long setup there would most likely just be a day trade. Maybe a one day swing, meaning like get in tomorrow, take profit, take profit, take profit, and maybe hold on to a small piece for Friday. Um is probably what I would say. Um but I still think there’s more downside here. You know, I I posted a video on Saturday telling everybody that I believe that this is not just going to be a quick little two to three day pullback, that I believe there’s going to be a little more. This is going to be a real pullback is going to give us some downside. And I I still feel that way. I told you guys on Saturday that it was and Sunday. I posted a video Saturday. I did a live stream Sunday and I told you guys that I had shifted to a short bounces trading style. it was buy pullbacks into support for two months. After Friday, we shifted to a short bounces and that’s what we’ve done so far this week. It’s worked very well. We got 200 points yesterday on futures, 100 points today. Um triple digit gains yesterday and today for options traders if you guys followed on options with the spy. Um and I’m still in that mode. Okay, the long that I’m talking to you about is just more of a quick trade, but a little bit longer term, like over the course of the next couple days to one to two weeks. I think there still think there’s more downside. I think the market’s going to test um Kevin Walsh with his first Fed meeting. Um and the PPI number tomorrow I think is also going to be pretty important because the CPI number today was better than expected. Um with the the core number which could insinuate that maybe the worst of the inflationary pressure is behind us if oil does not go back over 100. Right now oil is kind of settled in the 80s on WTI. If we can stay in the 80s, 90, 88, 91, 92, 87, 88, 89, 87, 88. If you can stay there or just move lower, I think we’ll be fine. But if if oil starts to push back above 100, I think it’s going to be a problem. So, we’ll have to wait and see what happens there. But the PPI number tomorrow, I think, is going to be pretty important. The market really didn’t have a big reaction to the CPI number today. when the number came out, you had a little bit of a move to the upside, but we were already well in the red with the the escalation of, you know, tit fortat with the US and Iran overnight. Um, and oil oil pressuring higher, bond yields pressuring higher. So, we were already red and the and the sell off in the semiconductors and the AI trade was still in effect. So, I think we were going to move lower today regardless of of what happened with the CPI. Um, so I just think everything is still going according to plan and let’s look for us to get into that support level tomorrow. Let’s look for weakness in the morning and then maybe a bounce late in the day and then we’ll let that bounce run its course but then I still think that bounce we short into a resistance zone. We’ll talk about that at a later time and then turn it over. Okay, so that’s it folks. That’s uh that’s going to be the game plan going forward. Um that’s it. That does it there for me. Really great job today for all of our members. um an amazing day. We got the Oracle earnings. We just went over that. Now you guys know exactly my game plan for tomorrow. And then be on the lookout tomorrow. Make sure you subscribe to the channel and turn on your notifications. I will post um I will post up either a YouTube short or YouTube video or something and I’ll go over with you guys my full SpaceX trading plan, okay? How I’m going to trade it day of IPO and what I’m going to do in my long-term portfolio. Okay, that’s it folks. TrueTrading.com990. You guys can join the platform for 90 days um unrestricted access. You guys can use the AI tools, make some money with us, and then we’ll uh we’ll talk about an annual membership then after you guys have made some money with us. How’s that sound? I like it. Text us with questions. 1888-621-2127.
Have a wonderful rest of your night. Enjoy. I’ll see you guys all tomorrow.