Dear Traders, Today’s market volatility offered even more trading opportunities than yesterday. Overall, market weakness continues as investors now anticipate longer rates for an extended period. The market has declined approximately 4% in just one week. Today, I had successful trades on $TSLA and $TQQQ but incurred a loss on Amazon. I executed an impressive […]
Dear Traders, On this special day, my 40th birthday, I want to share a personal and private life journey with all of you. Take a look at the picture below: On the left, you see me at the age of 25—overweight, no father, an international student, broke, with no family wealth, and struggling. Life dealt […]
Dear Traders, Today’s market was nothing short of crazy. I had the opportunity to trade one of my all-time favorite strategies, the 5-minute Engulfing Crack. We have a comprehensive explanation of this pattern in our Education Center. Although it doesn’t occur frequently, when it does, it tends to be a potent trading opportunity. I typically […]
Dear Traders, As you know, the market is not straightforward on some days, and today was one of those days. Today, I traded $TQQQ and $TSLA. While I was in the red with the Qs, I managed to come out with a $2,000 profit at the end of the day. In my recap, you can […]
Dear Traders, Today marks a historic day, reminiscent of the collapse of Lehman Brothers that triggered the 2008 financial crisis. While I wasn’t trading back then, I can imagine it was a terrifying time for investors and financial market traders, especially if you found yourself on the wrong side of the trade. Today, the stock […]
Dear Traders, The market made a strong move towards a 52-week high today. Although it started slow, it turned out to be a volatile day with plenty of trading opportunities. All sectors closed in the green, with real estate and utilities leading the way. First, we witnessed a hot IPO after many months. $ARM, a […]
Dear Traders, Ardi and I are back from Toronto, where we had three amazing talks, including my keynote speech where I wore my Everest suit! It was a lot of fun, and all of our talks were well attended. Thank you, everyone, for coming and for your amazing support. After that, about 40 of us […]
Dear Traders, Brian, Paras, Ardi, and I are in Toronto for the Moneyshow, where I will be the first keynote speaker on Saturday at 9 am, followed by a technical presentation at 12 pm. Ardi and I arrived late last night in Toronto and decided to stay in an airport hotel. This morning, I woke […]
Dear Traders, What an incredible day it was today! Apple shares took a tumble, on track to lose a staggering $200 billion in market value over just two days, all due to China’s plans to extend the ban on iPhones to government-backed agencies and state companies. Shares of the world’s largest company dropped by as […]
Dear Traders, I hope everyone had a great long weekend and is ready for fall. I’m back from Burning Man, and this year was quite interesting. The entire desert got flooded, and 72,000 people were stuck. If you want to know about my experience, check out my post on LinkedIn and let me know what […]
Hello traders, I hope you are well and trading has been fun this week. Happy jobs day! The job numbers were above expectations but showed that the economy, wages, and overall hiring have slowed down dramatically. The data shows after a period of above-trend growth in both the economy and job market, we are now […]
Hello traders, Happy burn day! I am in full Burning Man mode right now and all settled into my camp. I even met one of our traders, Sagyn, here! I met Sagyn just recently in New York and now we are at Burning Man together! I guess it is true what they say, traders who […]
Hello traders, Happy Burn! As many of you know, I am a huge advocate of Burning Man and try to attend every year. I have previously attended with Brian and had an amazing experience. Many people view Burning Man as a week-long party involving drugs, but the reality couldn’t be further from the truth. Yes, […]
Dear Traders, Today’s newsletter isn’t just about the market – it’s also about a transformative journey that has shaped not only my outlook on life but also my approach to trading. As I prepare to head to Reno, NV for our traders’ meetup and then immerse myself in the unique experience of Burning Man, I […]
Dear Traders, Big news in the house! $NVDA, the shining star of the stock market, just dropped its earnings report yesterday. Brace yourselves for the numbers – they are impressive! The semiconductor giant’s second-quarter results blew away estimates. Adjusted earnings per share of $2.70 on revenues of $13.51 topped the expected $2.09 and $11.22 billion. […]
Hello traders, We had such an amazing trading day today with major tech names breaking out. This likely occurred due to a few reasons: yields coming down, providing a relief rally for a lot of high-duration names; tons of PMI data showing that the economy is really weak, possibly signaling the end of the rate […]
Dear Traders, What a strange world we live in. Bond yields are surging, with 10-year US Treasury rates hitting a sixteen-year high! The reopening of the US economy post-Covid-19 resulted in substantial cash reserves for many, yet supply chains remained distorted, and staffing shortages persisted in sectors like travel. This scenario led to a inflation […]
Hello Traders, I hope you are well and have had a great trading week. Volatility has been returning to the market, providing traders with more trading opportunities. Today, I traded TSLA and TQQQ for small bounces and worked my way through a four-figure day. I made a quick recap which can be found here. One […]
Dear Traders, We’ve witnessed some incredible volatility in NVDA and the market again. NVDA alone showed a massive surge yesterday, climbing more than 7%. Today, it’s still trading strongly, up over 2% as of the time I’m writing this newsletter. In the last two days, it has surged more than 10%. Yesterday, I experienced one […]
Dear Traders, I am writing this newsletter from my favorite city in the USA, San Francisco, where I am meeting with some of our traders this Sunday morning at 9 am for breakfast. The latest monthly reading on US inflation confirmed expectations for a second consecutive month of a relatively modest increase in the cost […]