What Is Day Trading? As the name suggests, day trading is based on buying and then selling stocks within a single day, and sometimes within minutes or seconds. Unlike traditional investing, which usually involves thoughtful market analysis and long-range planning, day trading focuses on the countless up-and-down price fluctuations that characterize a typical trading session […]
Dear Traders, Today was an astonishing day. NVDA’s earnings were missed by 15% and the stock gapped down 7%, but then traded higher for the day at 5%! What a crazy market. Brian and I had a great trading day. We posted our recap on NVDA and AMD here. Is the market at its bottom […]
Dear Traders, We had an amazing seminar in Southern California on Saturday, with over 60 traders from our community attending for a half day of presentations. It was a very successful event that we plan to repeat over the coming months in both Florida and the New York City area. Meme stocks are on fire […]
Dear Traders, Today was an amazing day as a day trader in the market. Despite all the indexes being negative for the day in a big way, Brian and I were able to take advantage of some very volatile moves in the market, including on tickers such as BBBY, TSLA, and TQQQ. Please take the […]
Dear Traders, Registration is now open for the 6th round of Peak Capital Trading’s boot camp. It gets better every time thanks to the incredibly hard work of our directors, Peter and John, and our Chief Education Officer, Mike. Since our launch in 2020, many traders have returned to take the boot camp again (and […]
Hey Traders, What a crazy market! The notorious /WallStreetBets reddit memes are back and BBBY is now trading up over 60% with crazy volume. Earlier, I traded the stock many times with Brian, and we made some amazing trades on it. You can watch our recap here. This is a great time to be a […]
Dear Traders, I am back to the Vancouver office, getting ready for our seminar next week in LA as well as our boot camp that starts on September 6. There’s still room for our one-day seminar. You can RSVP here for it. Our boot camp is 65% sold out. I hope to see many of […]
Dear Traders, Happy inflation report day! Today, we all learned that inflation is at 8.5%, a bit lower than anticipated. The market gapped up over 1.5% and stayed strong, but traded in a very narrow range. The biggest mover of the day was META and Zuckerberg, and also my biggest winner. You can watch the […]
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 […]
Dear Traders, The US job market is strong, and everyone was surprised by today’s report that US companies are still creating jobs. While this led the market to gap down over 1.5%, it is slowly recovering as I am writing this newsletter. It’s a crazy situation. There’s a good report and the market gaps down! […]
Dear Traders, Stocks have been on a pretty nice run. The S&P 500 is up 14% from its June low. The Nasdaq-100 is up roughly 20% in that same time frame. Today, Thor and I had an exceptional trading day together. I took an excellent trade on AMD as Thor walked us through the Level […]
Dear Traders, I am writing this newsletter from the small town of Chamonix, at the border of Switzerland and France. It is well known for hosting many climbers and outdoor enthusiasts who stand in awe of the beauty of the Alps and their highest point, Mont Blanc. Today, I went for a lengthy run in […]
Dear Traders, I missed trading in the room this morning as I was getting organized for my trip to France. I’ll be in Chamonix for the next week or so, running and climbing with my running buddy and coach. Our aim is to run over 100 miles. I expect to be trading the Open with […]
Dear Traders, Today’s focus on the trading front was Amazon and Apple…and they did not disappoint! We had an amazing and profitable trading day in the community. I personally had one of my most exceptional days trading this year. You can watch the recap that Brian and I posted here. Last night, we had a […]
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 […]
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 […]
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 bad. You can watch our recap here. Two important […]
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 […]
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 […]
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 and yesterday Thor nailed NFLX on earnings trades. You […]