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 by the time I returned, Thor and Brian were … Read more
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 2.5%. We traded TQQQ and TSLA beautifully in the … Read more
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 chopped up left, right, and center, and ended the … Read more
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 is here, and Brian’s webinar will be uploaded in … Read more
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 Range Breakdown and posted our recap here. Today, Ardi … Read more
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 mentorship coaching session for all new Elite annual members. … Read more
Dear Traders, We have an exciting value-added opportunity for all new traders who are wanting to enter the markets at this time: a special FREE 1:1 coaching session with Dr. Kenneth Reid. This is the 4th bear market that Dr. Reid has been trading in, and he has offered to provide a free coaching session … Read more
Dear Traders, The bears and the bulls are in an intense fistfight with each other. The bears are not able to push the price down and the bulls are unable to make new highs. Each side needs a little help from catalysts such as breaking news or macroeconomic data. So far, it seems we are … Read more
Dear Traders, My apologies for missing Monday’s trading session. I went through an Ayahuasca experience over the weekend, and I needed Monday morning to sleep in and digest more of my intense experience. Brian and Thor did some amazing trades on AMZN on Monday morning, which now after its split is around $120, and that’s … Read more
Dear Traders, Welcome back to another episode of volatility. Many people seem hesitant to enter the markets, but this has been one of the best of trading times. The volatility is amazing, and for those who are ready to benefit from this, and have the right knowledge and mindset, this is a good time to … Read more
Dear Traders, The market is trading in a narrow range, waiting for the next move down or up. Currently, the financial market is being driven by the short-term sentiment of traders, but there are still so many trading opportunities for scalpers and day traders. This morning, MSFT and CHWY, along with the usual suspect QQQ, … Read more
Dear Traders, The market is somewhat flat as I am writing this newsletter. Trading wise, we had some volatility at the Open thanks to NIO, CRM, and the usual suspects (QQQ and AMD). You can watch the recap that Brian, Megan, and I posted here. Today’s Global News and Financial Recap Treasury Secretary Janet Yellen … Read more
Dear Traders, I hope everyone had a great long weekend and enjoyed time with family and friends. The market bounced back heavily last week and provided some excellent opportunities. Today, the Chinese sector and the tech sector were volatile again, and Brian and I had some amazing trades on SPY and TQQQ, as well as … Read more
Dear Traders, My apologies for missing trading yesterday. Carlos and I went to the Monolink concert on Wednesday in Vancouver and the night got late for both of us. I did not trade on Thursday, but today was an amazing day for Opening Range Breakouts on technology sector stocks such as TQQQ and AMD. You … Read more
Dear Traders, First and foremost, to all of my American friends and members of our community, please accept my deepest sympathy regarding the elementary school shooting that happened yesterday in the US. My deepest thoughts are with all of my American friends, and in particular with the family and friends of those who were affected. … Read more
Dear Traders, Oh, Snap! Social media companies such as Snap, Meta (Facebook), Pinterest, Twitter, and Roku are on course to shed more than $100 billion in market value after Snap soured the mood with a profit warning. Their CEO essentially said in a statement to forget about any estimate or guidance, the situation is bad … Read more
Welcome back Brian from his trip to Peru, where he hiked up part of the Inca Trail to Machu Picchu with his son, Scott. Brian traded AMD and TQQQ with me this morning. You can watch the recap we posted in our YouTube channel here, and make sure to subscribe and ask your questions in … Read more
Dear Traders, Jarad and I did some excellent trading at the Open with another successful trading day in the Technology sector. QQQ in particular was volatile! Jarad traded AMC and TGT successfully and I traded AMD nicely. Watch our recap here for the review of our trading. Today, I am hosting a Wednesday Psychology presentation … Read more
Thor and I did some amazing things together this morning. I went long on most of the Stocks in Play, including AMD, NIO, and SOXL. Thor shorted everything he traded (SPY, BABA, and AMD). Both of us were profitable and happy while we were trading in the same market and at the same time. You … Read more
Dear Traders, As I am writing these words, crypto’s death spiral continues, with Bitcoin below $27,000. Everyone is now looking for the person responsible to point fingers at. To me, this crash was caused by tech bro hubris and degenerate gamblers who were pouring money into tokens named after dogs, digital drawings of monkeys, and … Read more