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

Strong Trading Profits and Market Strength

Dear Traders, Happy interest rate hike day! Today, the Federal Reserve, your friendly central banking system, is raising the interest rate by 0.75%, and the prognostications about what Chair Jerome Powell and friends will do in September are what investors are watching. I had an amazing morning that helped me cover the trading losses of … Read more

Loss in Choppy Market and Biggest Earnings Week

Dear Traders, This week is a very important earnings week. Some of the biggest companies that make up the US economy will be reporting their earnings and releasing guidance for the future. All eyes are on the earnings of Apple, Google, Meta, Microsoft, Amazon, and so on. You can check the full calendar list here … Read more

Oh, Snap! Social Media Advertising Under Pressure

Dear Traders, US social media companies lost billions in market value today as disappointing revenue from Snap raised concerns about the outlook for online advertising. I personally stopped all of the online advertisements I had for my books and Bear Bull Traders months ago, as I was not seeing reasonable customer acquisitions from them. Snapchat … Read more

Earnings Season Starts with Market Rallies

Dear Traders, As I am writing this newsletter today, the market has gapped up and rallied on not particularly good economic news. I had a nice trading day, but overall there was some choppiness and I did do some overtrading. You can watch the recap that Brian and I posted here. Earnings season is upon … Read more

Interview with a Goldman Sachs Trader

Hey Traders, Today, we saw a nice bounce in the markets. Unfortunately, I slept in and ended up missing the open. I did manage to catch a really nice reversal on NVDA. Please watch my recap with Brian here. This afternoon at 3:30PM ET, join Ardi and I as we go live on YouTube with … Read more

Market Drop and QQQ Bounce

Hey Traders, Happy belated 4th of July to all of my American friends and traders at BBT, I hope you all had a great long weekend. The market was closed on Monday and it was the first Monday in a while that the market did not go down! Today, the market gapped down due to … Read more