Big News, Big Trades, and What’s Next in the Market
Dear Traders,
I hope everyone had an amazing trading day!
The newest $1 trillion company, Broadcom $AVGO, is making headlines everywhere, and it’s been incredible to trade. On Friday, we traded it live on YouTube, and today I had a fantastic one-minute and five-minute opening range breakout on it. The order flow is amazing, and the price action has been super clean, making it a joy to trade.
If you’d like to see how I managed my trades and controlled my risk, check out the recap I posted on YouTube. Feel free to drop your questions there, I’d love to help!
In other news, Palantir Technologies $PLTR, MicroStrategy $MSTR, and Axon Enterprise $AXON will join the Nasdaq 100 index before the market opens on December 23. They will replace Moderna $MRNA, Super Micro Computer $SMCI, and Illumina $ILMN, which are being removed from the index.
Being added to the Nasdaq 100 can make it easier for these companies to raise capital, potentially leading to more trading opportunities. On the flip side, companies being removed often experience volatility worth watching.
Tesla, another trillion-dollar company (if you’re wondering, Tesla’s market cap is around 1.4 trillion right now), has been seeing wild moves—5% to 6% swings daily! That’s huge for traders. Paras had an amazing trade on Tesla with Brian today, and I’m excited to see what the next few days have for this stock.
Brian’s book is the first step to options trading and easy to understand. If you want to trade like him with solid consistent profits, get his book “How to Trade Options” here.
On a personal note, I’ll be back in Vancouver tomorrow, and I’m looking forward to trading with all of you for the rest of the year. It’s been an incredible trading year for me, and I hope it’s been the same for you.
Lastly, don’t forget, our Peak Capital Trading Bootcamp starts in January 2025. If you’re ready to take your trading to the next level, this is your chance. The bootcamp comes with a $50,000 funded trading account, and you keep the profits!
Join PCT Bootcamp
The next time I write to you, it’ll be from Vancouver.
Let’s finish the year strong. Wishing you all a profitable trading week ahead!
To your success,
Andrew
