Dear Traders, Happy New Year! I am back from my climbing in Argentina. On December 30, 2022, at 2pm local time, I stood on top of Mt. Aconcagua at around 7,000m (23,000 ft), the highest point in the Western Hemisphere, and in fact the highest point outside of the Himalayas range (Nepal, India, China, Pakistan). […]
Hello Traders! Norm here, writing on behalf of Andrew and the rest of the BBT team. As Andrew is gearing up to be the highest person on earth by climbing the summit of Aconcagua, I thought it would be a great idea to recap the crazy year we had and highlight what is coming next […]
Hello Bear Bull Traders! I am up in the Argentinian mountains near the 6,000m (+19,000ft) level and I am hoping to be able to push for the summit of Aconcagua. It is the biggest mountain in the Western Hemisphere and, in fact, the highest point in the world outside of the Himalayas. If the weather […]
Dear Traders, I hope everyone had a wonderful holiday weekend and was able to spend some much-deserved time with their family and friends. As we move toward the new year, many of us will be making New Year’s resolutions, with the aim of improving ourselves in 2023. This is the time of year that you […]
Dear Traders, Today the market continued its sell-off as investors desperately search for a return. In a recessionary environment, the market has no reason to go up, but it has a good volatile path of choppiness. I hope the market stays like this: choppy but extremely volatile. Economist had a nice cover talking about how investors are stuck in finding […]
Dear Traders, Market volatility continues within the Chinese sector and, of course, as usual, with Tesla Inc. Finally, the Communist Party decided to ease their zero-COVID policy, a policy that was obviously failing. I called this last year. I’m not sure why the party did not get it. BABA has gapped up beautifully. Today, in […]
Dear Traders, Today, Chinese-based stocks were gapping up, and I had one of my best trading days in 2022 on XPEV, as the Chinese electric vehicle maker soared. The recap is full of educational material, with a focus on trading based on Nasdaq Level 2 signals. I hope you enjoy it, even though the quality […]
Dear Traders, The market dropped significantly yesterday as St. Louis Fed President James Bullard — one of the central bank’s most hawkish officials — said he thinks “markets are underpricing a little bit the risk that the FOMC will have to be more aggressive rather than less aggressive in order to contain the very substantial […]
Dear Traders, Andrew from Dubai says hi, and wishes you a great Cyber Monday! I am in Dubai, where we had a big meetup on Saturday. I met many of our exceptional traders and was impressed with their stories! The market was in turmoil this morning as news of people protesting against more restrictions in […]
Dear Traders, These days, the only things that are on the minds of people in the financial sector are the crypto crisis and the collapse of FTX. The amount of carelessness and lack of oversight is just unbelievable, especially for the United States. Former CEO Sam Bankman-Fried, aka SBF, published a series of weird tweets […]
Dear Traders, I hate to say this, but overall, I think serious investors are happy that FTX has collapsed and that the crypto market has gone into a big winter. Almost by definition, something has to break or be broken in order for the Fed to actually pivot and start easing down their monetary policy. […]
Dear Traders, The crazy market volatility is continuing with a lot of potential for traders! I am back in the office now before returning to Dubai for our big meetup. Please RSVP your attendance here! Ardi from Canada and Aiman from Russia will be joining us for the meetup. The outcome of the meeting between […]
Dear Traders, I am flying back to Vancouver from Dubai today and missed trading, but once I am home, I will be trading from the office and getting ready for a week of mentorship at Peak Capital Trading. This morning, Thor and Brian traded live, and both had a good day. You can watch their […]
Dear Traders, The market is amazing for traders these days! I am so happy that I survived to see all this volatility! QQQ ripped higher – over 7% in one single day! TQQQ is up over 23% in one day. The inflation numbers came in better than expected, the USD is dropping, and the market […]
Dear Traders, Elon Musk is perhaps the most stressed- out person in the universe. After having to buy a declining social media platform with massively overpriced stock, his Tesla shares are also losing value. Tesla made a new low this morning, toward $187, before bouncing back. Brian and I made an amazing short on it […]
Dear Traders, I am writing this newsletter from Croatia. It is a beautiful part of the world and I have been enjoying some running and visiting. I am sorry about missing trading and recaps last week. It was because of my travelings and our Florida meetup. Thank you to everyone who joined us at our […]
Dear Traders, My favorite 2021 trading incident was the GME short squeeze, when retail traders on the WallStreetBets’ Reddit all came together and squeezed GME from $5 to over $120. Melvin Capital, the fund that was primarily shorting GME, was destroyed, and Robinhood and many other brokers had to halt trading. Today, GME started running […]
Dear Traders, This is the best market I have traded in over the last five years. I know that 2022 has been a very hard year for investors, as the bond market is down 60%, stocks are down 30%, and there is no real safe haven for Wall Street, but trading has been amazing. The […]
Dear Traders, President Xi Jinping of China solidified his leadership over the weekend at the 20th National Congress of the Chinese Communist Party. The Hang Seng China Enterprises Index, a gauge of Chinese stocks listed in Hong Kong, saw its biggest decline after any Communist Party congress since 1994. Meanwhile, the onshore yuan fell to […]
Dear Traders, It is a difficult time for many social media users. Snap missed big earnings again and has plunged over 35%. META, the parent company of FB, Instagram, and WhatsApp, is also trading lower, back down to its 2017 levels. Today, my trading included some scalp on my side on TQQQ and NVDA, and […]