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...
Dear Traders,Today, I unfortunately suffered another big trading loss while also missing the Open. Thor and Brian had some amazing trades at the Open, with shorts on 3M and Coinbase, but since I missed about 30 minutes of the Open, my trading day went really...
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...
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...
Dear Traders,Earnings season has kicked off with thus far some strong moves to the upside. Netflix surged after it lost only 900k subscribers instead of the estimated 2M. Tesla is surging today after beating estimates. Today, I traded TSLA for a nice Opening Range Breakout...
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...
Hey Traders,I'm very sorry for missing the Open today. Yesterday, I arrived in Bilbao, nestled in the Cantabrian Mountains of northern Spain. I'll be here for the next week as I do some running in the mountains. One of the reasons we made trading psychology,...
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...
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...
Dear Traders,Today we experienced a very volatile day of trading and I am grateful to have made back the losses I suffered earlier this week (and some more!). You can watch the recap that Brian and I posted here. Thanks to everyone who joined us...
Dear Traders,My apologies for not trading today. Yesterday was a bad day and I suffered a heavy loss (you can watch my recap here). I seem to have lost a bit of confidence in my ability to read the market (only for a short period...
Dear Traders,Ardi, Peter, and I have just returned from another excellent NYC meetup where we enjoyed chatting for some 3 hours with so many different traders coming and going from the venue. My flight was delayed and I therefore missed trading on Monday morning, and...
Dear Traders,This morning I only had a few minutes to trade before rushing to the airport for our NYC meetup event. I managed to scalp $TQQQ for a nice Opening Range Breakup. I wish I could’ve held it longer, but I had to catch my...
Dear Traders,We are having a meetup in NYC this Saturday. We hit 100 RSVPed traders, but we have now increased the number of tickets to 150 just in case you’ve been thinking of attending. Please RSVP here. The market is in a choppy environment, and it’s...
Dear Traders,Today was another amazing day. I am usually the first person in Peak Capital Trading’s office at around 6am. This morning though, I left the office key at home and had to run back for it! While I was then late for the Open...
Dear Traders,Happy summer solstice! It’s the longest day of the year. Yesterday, the market was closed and it was the only Monday in a long time that the stock market did not drop! Today, we gapped up, without any particularly macroeconomic reason, and rallied over...
Dear Traders,The market gapped down significantly today after a strong and volatile day tied in with yesterday’s FOMC meeting. This morning, I traded at the Open and lost. You can watch the recap that Brian and I posted here. You’ll see where yours truly got...
Dear Traders,Yesterday, we hosted two amazing webinars, one by Dr. Kenneth Reid on the to do’s and not to do’s when trading in a bear market, and one by Brian on his notorious TradeBooks such as the Rising Devil. The link to Dr. Reid’s chat...
Dear Traders,After three days of brutal sell off, the market is now stabilizing. Everyone is looking ahead to the Fed's meeting tomorrow to see if they will make an aggressive move on raising interest rates. Brian and I traded TQQQ and TSLA for an Opening...
Dear Traders,Do note that Ardi and I will be going live on Tuesday, Wednesday, and Thursday to review the state of the market. Please join us in our YouTube channel. You can subscribe here. Our in-house psychologist, Dr. Kenneth Reid, is offering a free 1:1...