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Swing Trading the Stock Market

You've Been Screwed

Swing Trading the Stock Market

Ryan Mallory

Business, Investing

4.7828 Ratings

🗓️ 15 April 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

You might be getting $1200 from Uncle Sam but what has unfolded over the last couple weeks means you've been royally screwed by the federal government. The biggest wealth transfer, further deteriorating the existence of the middle class, and expanding the wealth gap between the rich and poor was pass by both parties and signed into law this past month and further exasperated by the unchecked power of the Federal Reserve.


Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at:⁠⁠ ⁠⁠https://www.shareplanner.com/premium-plans⁠⁠⁠⁠

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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, I'm Ryan Mallory, and this is my swing trading, the stock market podcast.

0:11.3

I'm here to teach you how to trade in a complex, ever-changing world of finance.

0:16.2

Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading,

0:22.1

and most importantly, to let those winners run wild. You can succeed at the stock market,

0:27.4

and I'm ready to show you how. Hey everybody. This is Ryan Mallory with Swing Trading the Stock

0:32.8

Market. And today's episode is called You've been scammed. You've been screwed, whatever you want

0:36.6

to call it. But you have been. Here's the thing the thing the market it's one of the craziest things you're going to

0:41.8

ever see in your lifetime this is like proportionate to what we saw during the great repression

0:47.1

where you literally have an entire economic shutdown and it's due to the pandemic called

0:52.3

covid-19 coronavirus Almost two million people worldwide

0:56.3

have gotten it. There's about 572,000 as of this recording in the United States and many more

1:02.7

who have died. 118,000 worldwide have died. I mean, it's pretty serious out there. And then, of course,

1:09.4

we had the Federal Reserve doing their things and like, so who's screwing us here? Who's, who's really serious out there. And then, of course, we had the Federal Reserve doing their things.

1:11.3

And like, so who's screwing us here?

1:12.7

Who's, who's really scamming us?

1:14.4

It's the Fed.

1:15.6

It's your elected leaders, man.

1:17.4

They are really screwing us over big time.

1:20.0

Guys, I mean, you can't, you can't deny the economy a natural business cycle.

1:25.5

And you might say, well, the coronavirus is a pandemic that's

1:29.4

created. Well, there's always something that creates a downside to the market. There is. And I get,

1:35.8

I don't agree with shutting down the entire economy. I know, look, if you disagree with me,

...

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