Andrew’s Newsletter

Dear Traders, Happy New Year! I hope everyone has started this year well and strong. The market continues to show exceptional volatility, based in part on Tesla’s announcement yesterday of record-breaking car deliveries. Today, Tesla gapped up over 9% and pushed toward an all-time high of $1243 per share. Semiconductors are also robust with both […]

Dear Traders, Although 2021 was very eventful and exciting, it also went by very fast. Reflecting back over the last 12 months, there are so many happenings to remember. A few that come readily to my mind include the Suez Canal blockage, Elon Musk hosting Saturday Night Live and being named TIME Person of the […]

Dear Traders, What a wild market we are in, thanks to the new Omicron variant of COVID-19 which is causing more lockdowns and restrictions in Europe and around the world. Apparently, our war with Covid is never going to end. All indexes are down, and IWM, as usual, is leading the weakness by dropping roughly […]

A couple of days ago a member sent me an email with a post that said, “a trader can’t force a trade any more than a surfer can force a wave to come together. Great surfers wait. They recognize patterns. When they see the perfect wave coming, they put themselves in the best possible position […]

Dear Traders, These are scary times in the stock market. Yesterday, Jerome Powell’s speech was heartwarming for Wall Street, and stocks such as SPY and QQQ surged to mostly new all-time highs. Today, on the other hand, a bloodbath is unfolding, especially for the highly overvalued technology companies in QQQ. One thing that Federal Reserve […]

Dear Traders, I am writing today’s newsletter on the plane as I am heading to Africa for one of the longest trail runnings I have ever done! I promise that if I survive this 110km (68 mile) run, I will include pictures in my next email. Before leaving, I spent an exceptional morning trading with […]

Dear Traders, Happy December! It is hard to believe but there is only 1 month left until 2022. The market has certainly been volatile this year and today we saw a gap up of over 1.5% for all indexes. This is almost exclusively due to the world digesting the impact of the new COVID-19 variant. […]

Dear Traders, Hello again from Istanbul, Turkey. I am looking forward to coming back home to Vancouver next week and to finalize the preparations for hosting all of you in two weeks! I made some really good trades today, and in particular with LCID and MRNA. I also did not repeat yesterday’s mistake and was […]