What an Unbelievable 2023!

Dear Traders, What an unbelievable start to the year. As I wrote two weeks ago, this could have been the start of the next bull market, that hopefully would last for another 10 years. Only in 2023, according to TradingTerminal.com’s Normalized Market Performance tracking, Nasdaq is up over 17%, IWM 14%, and SPY 9%. Today, … Read more

Microsoft Crashed the Market!

Dear Traders, MSFT earnings had a significant impact on the market. Their earnings were great, but their guidance for the future was gloomy, and that caused their 5% gain to evaporate and the market to gap down. Nevertheless, the market’s volatility continues and we saw a big bounce in the market in the afternoon. This … Read more

Big Market Events & High Quality Bonds

Dear Traders, There are some big things happening in the market these days. The retail sales number came in yesterday at -1.5%. Considering inflation is at 7%, this reflects a significant drop in consumer spending. The economy has cooled down, and consumers have backed off. The market sold off and continues to sell off. Today, … Read more

Tesla and the Inflation Report!

Dear Traders, Happy inflation report day! Today, the inflation report came in and surprised really nobody. One argument was that the data was actually leaked beforehand. The Labor Department, which compiles and issues the data, dismissed the possibility of a leak. The market traded in a volatile fashion, with the Nasdaq moving as high as … Read more

Big Market Bounce: Next Bull Market?

Dear Traders, The market is ripping higher now, and Brian and I had some amazing trades on TQQQ, TSLA, and AMD. In particular, the semiconductor sector, which got really beat up last year, is leading the charge. The SOXL ETF, based on the semiconductor sector, which offers 3x leverage, is surging, and the puts that … Read more

Person of the Year Is Falling Down!

Dear Traders, Happy New Year! I am back from my climbing in Argentina. On December 30, 2022, at 2pm local time, I stood on top of Mt. Aconcagua at around 7,000m (23,000 ft), the highest point in the Western Hemisphere, and in fact the highest point outside of the Himalayas range (Nepal, India, China, Pakistan). … Read more

Goodbye 2022, Hello 2023

Hello Traders! Norm here, writing on behalf of Andrew and the rest of the BBT team. As Andrew is gearing up to be the highest person on earth by climbing the summit of Aconcagua, I thought it would be a great idea to recap the crazy year we had and highlight what is coming next … Read more

The Highest Person on Earth!

Hello Bear Bull Traders! I am up in the Argentinian mountains near the 6,000m (+19,000ft) level and I am hoping to be able to push for the summit of Aconcagua. It is the biggest mountain in the Western Hemisphere and, in fact, the highest point in the world outside of the Himalayas. If the weather … Read more

Peak Capital Trading Spring 2023 Bootcamp

Dear Traders, I hope everyone had a wonderful holiday weekend and was able to spend some much-deserved time with their family and friends. As we move toward the new year, many of us will be making New Year’s resolutions, with the aim of improving ourselves in 2023. This is the time of year that you … Read more

Day Trading from Prison

Dear Traders, Today the market continued its sell-off as investors desperately search for a return. In a recessionary environment, the market has no reason to go up, but it has a good volatile path of choppiness. I hope the market stays like this: choppy but extremely volatile. Economist had a nice cover talking about how investors are stuck in finding … Read more

Where Did Inflation Really Come From?

Dear Traders, ​​It’s a big week ahead! Tomorrow, we will learn the new CPI number (inflation) and we will see if that number will change the volatility in the market. According to Bloomberg, 60% of retail investors such as us are long stocks and think this is a good time to own them. On the … Read more

How to Become Exceptionally Rich Like Elon Musk

Dear Traders, Market volatility continues within the Chinese sector and, of course, as usual, with Tesla Inc. Finally, the Communist Party decided to ease their zero-COVID policy, a policy that was obviously failing. I called this last year. I’m not sure why the party did not get it. BABA has gapped up beautifully. Today, in … Read more

Two Police Officers Become Traders

Dear Traders, I am writing this newsletter from Florence, Italy, where I came to meet some of our friends and traders. We had a small but very nice meetup, and I am grateful that some of our traders could make it on such short notice. Two police officers came to meet me and they brought … Read more

Where to Invest? | Join me Virtually at the MoneyShow

Dear Traders, The market dropped significantly yesterday as St. Louis Fed President James Bullard — one of the central bank’s most hawkish officials — said he thinks “markets are underpricing a little bit the risk that the FOMC will have to be more aggressive rather than less aggressive in order to contain the very substantial … Read more