TECHNICAL INDICATORS:  GUIDES TO SUCCESSFUL DAY TRADING?

Some traders focus heavily on technical indicators like the RSI (Relative Strength Index), the moving average convergence divergence (also known as the MACD), or the moving average crossover. There are hundreds, if not thousands, of sophisticated technical indicators out there. Some traders believe they have found the Holy Grail of technical indicators, and it might … Read more

Market Rallies and Bitcoin Up Over 11% Up

Dear Traders, I had a “meh” trading day with a heavy loss on AMD and a great win on TSLA. You can watch the recap that Brian and I posted here. The market rallied for the second day as investors assess whether monetary tightening (high interest rates) is getting closer to being already priced in … Read more

Missed Trading for Burning Man

Dear Traders, My apologies for the long absence from trading. I was completely offline at Burning Man in Black Rock City, Nevada. This was my 3rd burning, and it was an amazing experience. The market opened choppy this morning but has stayed strong as I am writing this newsletter. I traded small share sizes on … Read more

DAY TRADING MONEY PRINTER OR MONEY PIT?

What Is Day Trading? As the name suggests, day trading is based on buying and then selling stocks within a single day, and sometimes within minutes or seconds.  Unlike traditional investing, which usually involves thoughtful market analysis and long-range planning, day trading focuses on the countless up-and-down price fluctuations that characterize a typical trading session … Read more

Do Not Fight the Fed

Dear Traders, The market rallied at the Open and we took some amazing trades on TSLA and TQQQ with Brian. You can watch our recap here. It was a big move! The market is red, and only the Energy sector is strong today. Brian’s natural gas and uranium trades are doing well for him. It … Read more

Market Bottoms and Jackson Hole

Dear Traders, Today was an astonishing day. NVDA’s earnings were missed by 15% and the stock gapped down 7%, but then traded higher for the day at 5%! What a crazy market. Brian and I had a great trading day. We posted our recap on NVDA and AMD here. Is the market at its bottom … Read more

The Market is Back | BBBY Short Squeeze

Hey Traders, What a crazy market! The notorious /WallStreetBets reddit memes are back and BBBY is now trading up over 60% with crazy volume. Earlier, I traded the stock many times with Brian, and we made some amazing trades on it. You can watch our recap here. This is a great time to be a … Read more

Crazy Meme Stocks and AMC is Back

Dear Traders, The market today reminded me of the 2020 and 2021 trading mania, where some meme stocks like AMC, GME, and BBBY were running like there was no such thing as gravity. Today, we traded AMC and BBBY for an incredible squeeze and a big Opening Range Breakout. Brian also traded AMD. You can … Read more

Welcome to Recession and Negative GDP

Dear Traders, Yet again we have had an amazing trading day. News has come in that the Senate has agreed to a $350 billion package on clean tech. PLUG and RUN and some other clean tech names were strong. I myself traded AMD and PLUG, Thor did some excellent trades on AMD, and Brian traded … Read more