Dear Traders, Today was another light-volume session, as most traders and investors monitor their portfolios from anywhere but their desks. Under the surface, certain stocks continue making moves, and crypto keeps partying. Today I also had another big loss, wiping out some weeks of profit, unfortunately. As...
Dear Traders, This is incredible! Last week on Friday, the S&P 500 ETF, $SPY, saw its biggest single-day capital inflow on record, at $20.8 billion. Dating back to the ETF's inception in 1993, this has never been seen. Total inflows last week alone hit $24 billion, also posting...
Dear Traders, Yesterday, I found myself in a Vancouver emergency room due to complications from my post-surgery recovery. While I patiently waited to see a doctor during a long 6-hour wait, I had the opportunity to finish an intriguing book titled "The Everything Bubble: The Endgame...
Dear Traders, Yesterday, the US Central Bank, the Federal Reserve, left rates steady, and Chairman Jerome Powell held a press conference. The Fed has shifted its stance from considering more interest rate hikes to discussing when rate cuts might begin. Powell stated that rates have likely...
Dear Traders, I've returned from two incredible weeks in Colombia, which has now topped my list of visited countries. What struck me most about Colombia is its peopleātheir vibrant charm, zest for life, happiness, and, most importantly, their gratitude. During my surgery there with one of...
Dear Traders, In Shakespeare's tragedy of Macbeth, Macbeth and his army's general, Banquo, encounter three witches who promise them a prophecy of Macbeth becoming the King of England. Banquo, the loyal general, challenges the witches by saying, 'If you can look into the seeds of time...
Dear Traders, The human soul, in nature, is not inherently greedy. However, over the course of our 5,000-year civilization, we have developed both individual and collective forms of greed. Each person desires more, while society as a whole can also exhibit greed. A historical example of...
Dear Traders, Our brains guide our actions and decisions. When your mind is cloudy and unclear, making sound choices becomes challenging. This is a fundamental rule of life. As some of you may know, I underwent surgery in Colombia over the weekend, requiring six hours of...
Dear Traders, Today, we witnessed a very strong market, especially led by IWM small caps. As you know, I've been long in TNA for a few weeks, and today, I am enjoying the benefits of a massive gain in this 3x leveraged product of IWM. I...
Dear Traders, Today, Thor and I traded at the open, as Brian was delayed in Bogota due to a missed flight but should be back in Canada for tomorrow's trading session. Trading was excellent, with the US GDP reporting a 5.4% growth for the past quarter,...