Dear Traders,As I am writing this newsletter, it's been a good day for stocks (so far). Gains across Europe extended with most equity indexes recovering roughly half of Monday's selloff. Gains are broad based, but led by the construction, auto, and banking sectors. We’ll see...
Dear Traders,Welcome to another episode of financial tightening volatility of the market. We have strange days for trading and there’s amazing volatility each day. As I am writing this newsletter, the market has gapped down another 2% and shows no sign of strength. This market...
Dear Traders,Andrew is headed out on his next adventure, running a 65K (40 mile) ultramarathon in the Azores. Since he was traveling today, Thor hopped in to cover the Open with Brian. The earnings season continues. We're seeing an exceptional amount of volatility in the...
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...
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...
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:...
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...
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...
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...
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...