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30 Mar

Posted at 16:18h in Andrew's Newsletter

Hello Traders,I hope you are well and have had a good trading day so far! I am sorry that I missed the Open this morning. I was in Whistler, trying to catch the last ski of the season. I heard Paras and Brian had some amazing trading, with Paras taking a very nice long on $META. This morning, I woke up with a Twitter notification from Dr. Burry (yes, the famous 2008 trader who shorted...

29 Mar

Posted at 11:44h in Andrew's Newsletter

Dear Traders,Today, Ardi and I had an amazing discussion with one of the best traders out there, John Carter, author of Mastering the Trade. It was a great discussion, and we will publish the video of it this week. You do not want to miss this discussion. I am happy to report that John Carter agreed with Ardi’s TLT trade! This morning, I traded AMD after starting late. These days, I am sleeping in the office...

28 Mar

Posted at 11:13h in Andrew's Newsletter

Dear Traders,The turmoil in the banking industry continued last week. It started with the rescue of 166-year-old Credit Suisse by its bigger Swiss rival, UBS. Then there was First Republic Bank. Silicon Valley Bank’s leftovers were picked over by First Citizens. Then Deutsche Bank’s shares slid as European investors shifted out of banking shares and toward defensive sectors over rising recession concerns. The Federal Reserve made it clear with last Wednesday’s 0.25% rate hike that its...

24 Mar

Posted at 15:58h in Andrew's Newsletter

Hello Traders,After sending out the image of my Everest suit yesterday, this is what happened in our office: Wow! Everybody is now changing their profile photos to the new theme: Everest! I am very excited about this experience and it looks like my team is as excited as I am. Stay tuned, as I will give you more exciting updates as my team and I prepare for this adventure.Today’s only other update is about our St....

24 Mar

Posted at 15:57h in Andrew's Newsletter

I recently received an email from one of our members, it's not only inspiring, but it truly shows the power of community! Hi, Andrew. Your upcoming Everest adventure is incredibly exciting. Wishing you godspeed! I finally had the opportunity to meet John face-to-face in January when my wife and I had flown "home" to New Hampshire from Florida for a brief stay. (We left the state in 2013 for work, retired out of Texas in early 2021, and...

23 Mar

Posted at 11:46h in Andrew's Newsletter

Dear Traders,My big announcement is that I have made the decision to go to Mount Everest this year. In order to prepare, I will be heading to Bolivia at the end of this month for some high-altitude climbing of up to around 24,000 feet (7,300 meters). I will then be flying to Nepal at the end of April to summit the biggest mountain in the world. Usually, the summit push is in the second or...

23 Mar

Posted at 11:44h in Andrew's Newsletter

Dear Traders,This week will probably be another volatile and amazing week. Over the weekend, Credit Suisse, the troubled Swiss bank, was acquired for 27 cents/share by the other large bank in Switzerland, UBS. Also, last week, Silicon Valley Bank was rescued by the Treasury Department and the Federal Reserve. The market stabilized a little bit and, thanks to Ardi, I covered my puts on GS both today and last week for a nice profit.It’s the...

20 Mar

Posted at 12:21h in Andrew's Newsletter

Hello Traders,I am back in Vancouver and traded from the office today. Markets are volatile and we are seeing full % point swings in the markets. This morning, Nasdaq was up before going red, and now it is working its way back up again. The semiconductors and Microsoft are up today based on all the hype surrounding AI and all the cloud computing they might need for all their language models. I traded AMD and...

16 Mar

Posted at 14:43h in Andrew's Newsletter

I am writing to you from my plane, some 10,000 meters (33,000 feet) above sea level, on my way back to Vancouver. I was away for work these past two weeks but still managed to trade and keep up with the market. Speaking of the market, similar to 2008, banks are collapsing at a rapid speed! First Republic is a bank now looking for a rescue plan while Credit Suisse got $50 billion in liquidity...

14 Mar

Posted at 16:24h in Andrew's Newsletter

Hello Traders,I am writing this newsletter from the balcony of my hotel, the Waldorf Astoria, which is right next to the amazing weather and water of the Gulf in the UAE. I was in Switzerland for the weekend, I am now in the UAE, and I will be flying back to Vancouver tonight. What crazy market volatility! After the collapse of Silicon Valley Bank and its bailout by the Fed and the Treasury Department, we now...