Dear Traders, The earnings season is still going wild this week. The ridesharing companies are the latest prey of the bear market. Lyft collapsed over 40% amid reports of a struggle to find drivers. Uber couldn’t escape from the bears either, now down over 10% as of the writing of this newsletter. AMD reported earnings […]
Dear Traders, Our bear market is still hungry, and yesterday found its new prey and ripped apart the giant Amazon. It’s down over 12% in trading as I am writing this newsletter. Here at BBT, we traded AAPL and AMD very nicely and I posted my recap in our YouTube channel. Let me know in […]
Dear Traders, Volatility in the market continues, and the Putin-inflation bear market of 2022 continues to wipe out the wealth and fortunes of investors big and small. This bear market is hungry and it is looking for its next victim after Netflix, apparently has found it: Tesla. As I am writing this newsletter, Tesla is […]
Dear Traders, The market collapsed yesterday with QQQ being down over 5% in one its worst days since the pandemic. Tesla was down over 12% to below $900 levels. I guess the universe decided to send Elon Musk a message because it did not like how he made fun of Bill Gates on Twitter for […]
Dear Traders, Crazy market volatility continues as I write this newsletter. In the chatroom, we made some amazing trades on $TQQQ and $AMD, thanks to my good friend Brian. You can watch our recap here. You will see that it was a nice and successful day for me too! The market in Asia is melting […]
Dear Traders, This morning, I had another trading loss because of choppiness in NVDA. Brian had a much better morning than I did, as his $200 Netflix puts expired today and he made literally tons of profit. You can watch the recap that Brian and I posted here. Thankfully, my trade in Tesla was better, […]
Dear Traders, This morning, all of the Stocks in Play started off very slow and it did not look like it was going to be a volatile day, but then the market overall and the semiconductor sector in particular began a huge rally and, as of the time of writing this newsletter, QQQ and IWM […]
Dear Traders, What a crazy market when you see Netflix blow up over $60 billion of its market cap, dropping more than 38% after disappointing earnings. We traded the heck out of Netflix on the short side, but I made some very big mistakes trying to catch a reversal on it too early, and that […]
Dear Traders, I hope everyone had a great long weekend. This morning, I unfortunately did not trade as I was recovering from too much fun over the holiday weekend (!), but Thor and Brian executed some amazing trades, and Aiman and Thor posted recaps that you can access here. The market still shows no sign […]
Dear Traders, Today we had some exceptional trading opportunities thanks to the volatility arising from Elon Musk’s hostile takeover of Twitter as well as the short squeeze that unfolded on Veru Inc. I executed a number of excellent trades on VERU, got stuck in a halt, and then sold toward $18 on the breakout. As […]
Dear Traders, The market is very strong as I am writing this newsletter. The Open was slow and choppy but I managed to execute a quick scalp and book some decent profit. You can watch the recap that Brian and I posted here. Peter held an excellent webinar last night on How to Take SMART […]
Dear Traders, I am super excited because the number of reviews on Amazon of my book, How to Day Trade for a Living, are now at almost 12,000! I would like to thank everyone who took the time to review my book! I’d love a few more honest reviews of the book in order to […]
Dear Traders, I have now successfully completed the legendary Marathon des Sables race in the Sahara Desert in Morocco. I finished in the top 20% of the world’s elite runners who were participating. I can report that I am happy. It’s been an incredible experience. Thank you for all of your heartwarming messages and emails. […]
Dear Traders, I’ll begin with a quick update on Andrew’s progress in the Marathon des Sables in Morocco. Yesterday, Andrew completed the longest of the six segments in the race. He began at 8:20am local time and finished the 84.8-km (52.7-mile) leg at 11:26pm. I can’t even imagine how exhausted he is today, but at […]
Dear Traders, Norm here for Andrew, as our fearless and possibly crazy leader is in Morocco participating in the Marathon des Sables, a six day 251km (156 mile) ultramarathon through the Sahara Desert. It is often referred to as the toughest foot race on earth. While I don’t know why anybody would want to put […]
Dear Traders, I’m writing this email to you as I fly from Paris to Morocco to participate in what is possibly the hardest run of my life. Unfortunately, I’ll be away from trading for a few days, but I know that the strong BBT mod team will do a great job in the chatroom in […]
Dear Traders, I’m writing this to you from the airport, beginning my journey to Morocco to run in one of the hardest races I’ve ever been a part of. The Marathon des Sables (https://twitter.com/marathonDsables), or MdS, is a six day, 251km (156 mile) ultramarathon, approximately the distance of six regular marathons. This race is held […]
Dear Traders, The market is ripping higher as I am writing these words. Chinese stocks had an amazing run, and we traded them very successfully in the chatroom, including JD, BABA, and NIO. You can watch the recap that Brian and I posted here. Federal Reserve Chair Jerome Powell stated on Monday that, if necessary, […]
Dear Traders, I hope everyone is having a good day. In the northern hemisphere, we are enjoying the first full day of spring. In the country my family and I are from, as well as in many Asian countries, the first day of spring is celebrated as the new year, or Nowruz. Happy Nowruz! The […]
Dear Traders, Happy Friday! John and I posted our first ever recap together. I traded the Chinese stocks BABA and NIO, and John traded MRNA and RIVN. You can watch our recap here. The interesting part about our recap is that I could have almost perfectly guessed how John traded without seeing his trades because […]