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 … Read more
Dear Traders, We are pleased and a bit surprised by the number of people who signed up on the first day of registration yesterday for the next Peak Capital Trading bootcamp. We are already at almost 40% capacity for the next bootcamp, so I recommend that if you are interested, please secure your spot early … Read more
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 … Read more
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 … Read more
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 … Read more
Dear Traders, I have now concluded the Extreme option of the Santo Antão Triangle Trail Race in Cape Verde, a collection of volcanic islands off the coast of northwest Africa. The race itself was just under 70 miles (110 km) in length with an elevation gain of some 22,000 feet (6,706 m), and I finished … Read more
Dear Traders, I am writing this newsletter from Cape Verde, a beautiful island in the central Atlantic Ocean off the coast of Africa. As you will recall from my last newsletter, I am participating in a 110 km (68 mile) trail running race. It is literally stunning here, and also very hot, which is a … Read more
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 … Read more
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. … Read more
Dear Traders, Happy Cyber Monday! I will start this newsletter with a few important reminders. Firstly, one of Ardi’s books is now available for free on Amazon. If you would like to have a copy, please check it out here. Both Ardi and I would be very grateful if, after reading it, you would take … Read more
Dear Traders, I am back in the Vancouver office after traveling to a few different cities and continents including Toronto, NYC, DC, Doha, Kilimanjaro, and Istanbul. I will be trading from the office until our big meetup in Vancouver + art EDM music event, the latter being put on by some of my friends in … Read more
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 … Read more
Dear Traders, Hello from Istanbul, Turkey. I am here in this beautiful and ancient city visiting some family members and (of course!) traders. I will be back in our Vancouver office next week, but for now, enjoy a picture of me sitting below Kilimanjaro summit trying to catch a short on Lucid! Thanks to the … Read more
Dear Traders, I am writing you from my base camp at Mount Kilimanjaro in Tanzania. It was absolutely beautiful to observe the sun rising (at 6am local time) from “the highest mountain in Africa and the tallest freestanding mountain in the world”. It truly is an incredible experience being here on Mount Kilimanjaro! It deserves … Read more
Dear Traders, Thank you for reading another email from me, two days in a row. First and foremost, I want to acknowledge Veterans Day and pay tribute to those who have honorably spent their lives in service to their country. I especially want to mention my good friends and colleagues, John and Mike. Thank you … Read more
Dear Traders, I am writing this letter from Doha, Qatar, as I make my way to another mountaineering expedition. I had the chance to trade TSLA and AMD today with Brian from my hotel room. Please watch our recap here. Doha has truly blown my mind. This city is incredible and they are getting ready … Read more
Dear Traders, Because of an invitation from Peter Tuchman of the New York Stock Exchange, I spent Friday and the weekend in The Big Apple. It was a great visit. I received a tour of the floor and I was able to discuss some potential trading education opportunities. The massive influx of new traders since … Read more
Dear Traders, If you ask Americans what their favorite Constitutional Amendment is, you will no doubt receive different responses depending on who you ask. If you ask Norm, for example, the answer is obviously the Second, protecting the right to keep and bear arms. Should you ask Peter, if he was American, he probably most … Read more
Dear Traders, What a crazy morning to wake up and find several stocks gapping up with heavy volume. But the prominent news of the day was Hertz ordering 100,000 Teslas in what Bloomberg has called a “car-rental industry shake-up”. Tesla gapped up significantly and moved toward another all-time high of $1,000. Please watch the recap … Read more
Dear Traders, Just when you thought you’d seen it all this year, President Donald Trump’s new media company, Trump Media & Technology Group (TMTG), is merging with Digital World Acquisition Corp. (DWAC). The company will be branching off in several directions and intends to challenge popular social media platforms and streaming services like Twitter, Amazon, … Read more