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! If you want to know why, read on. Please also watch the recap that Brian and I posted here. I had...

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 2 ladder and the liquidity in the market. I took the trade toward $101.50 and it is now trading at $104.40!...

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 the morning and then returned to my hotel and, after a shower and a beer, traded Uber successfully for a big...

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 you most days, with a view of Mont Blanc in the background! Thank you to Thor for trading with Brian in...

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 very informative talk with former Lehman Brothers head of ETF trading, Jared Dillian, and we also saw some nice moves on Amazon...

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 META. Zuckerberg is shrinking every day. You can watch our recap here. Ardi and I are hosting a very important LIVE discussion...

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 the last few days. I got really nice Opening Range Breakouts on MSFT and TQQQ, Brian had a nice short on SAVA,...

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 announcements before I make a point about the Fed. One is that we are holding a half-day seminar outside LA on August...

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 in our Trading Terminal.Today, the market opened flat and traded choppy and in a very narrow range. I suffered a big...

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 lost 35% in trading today and took down Meta with them as they lost more than 6%. Google and Twitter dropped...