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20 Jan

Posted at 17:31h in Andrew's Newsletter

Dear Traders, The global bond market sell off paused yesterday as it seems not all central banks are keen to increase interest rates. The Bank of Japan Governor stated that “Raising rates is unthinkable.” Similarly, the European Central Bank President said they have “…every reason not to react as quickly…” The market quite liked this news and bounced back, with all sectors gaining over 1% as of the time of writing this newsletter. In the chatroom, many...

19 Jan

Posted at 15:36h in Andrew's Newsletter

Dear Traders, Interest rates are rising, and that impacts the profit margins of banks. The lower liquidity means money is not as cheap as it used to be, and investors try to avoid high value companies (which often are focused on technology and represented in QQQ). As rates go up, banks’ profit margins go down, because they are borrowing money themselves and lending it to their borrowers, making money from the interest rate spread. Now, in...

18 Jan

Posted at 12:54h in Andrew's Newsletter

Dear Traders, I hope everyone had a great long weekend! We are launching into the earnings season with some big volatility this week. The market sold off heavily as interest rates and the yield on 10-year Treasury bonds (the benchmark for the risk-free rate) rose to around 1.82%. The bears are having fun while the bulls are experiencing weakness. I am already anticipating how this week will end. Some market internals are signaling a reversal, but...

13 Jan

Posted at 15:09h in Andrew's Newsletter

Dear Traders, I was recently asked by a website to comment on the issue of when it is best to trade stocks and when it is best to trade index funds. In short, my response was that for day traders, it is better to focus on index funds and leveraged ETFs when the overall market is quite volatile, like what we are seeing now or what unfolded during the March 2020 pandemic sell off. When the...

11 Jan

Posted at 15:04h in Andrew's Newsletter

Today started very slow, but in the end it turned out to be a very volatile day. As I write this, the market has bounced back from its early morning losses and Brian and I (and hopefully you) were able to make some nice trades. Thanks to Jarad, I traded LCID and NVDA while Brian monetized on BABA and JD. As Brian famously said in the chatroom this morning, money leaves the US and goes...

07 Jan

Posted at 16:39h in Andrew's Newsletter

Dear Traders, If you were not live in the chatroom this morning, here is a link to the recap that Brian and I posted earlier today. You’ll see how we traded a bounce on QQQ and BABA. In addition, Aiman and Simon have uploaded their weekly REPLAY video that can be seen here. If you have not already, please take the time to check out our new web-based REPLAY platform which is free for all, and...

06 Jan

Posted at 08:05h in Andrew's Newsletter

Dear Traders, Thank you to everyone who has signed up to join Peak Capital Trading’s latest boot camp. Registration for this session is now full! We can hardly wait to start working with you on Monday. If you want to build your TradeBook and take it to the next level, please check out our new web-based REPLAY feature here. There is no cost to utilize this new offering from BBT. While at the site, do ensure you...

05 Jan

Posted at 13:52h in Andrew's Newsletter

Dear Traders, 2022 has started very strong, and automobile mania continues, especially with TSLA and F. Thus far this week we have had some amazing trades on these 2 stocks. Please watch the recap that Brian and I posted yesterday regarding our trades on F as well as the recap regarding today's trading on F. Speaking of Tesla, you may have seen that Elon Musk’s wealth has soared to levels previously achieved only by John D. Rockefeller...

03 Jan

Posted at 14:38h in 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 NVDA and AMD moving higher. Brian and I traded AMD and TSLA, and our recap can be seen here. To start off...

29 Dec

Posted at 18:22h in Andrew's Newsletter

Dear Traders, First off, we have a few spots left for our 4th Peak Capital Trading boot camp, where we will help you build a successful and consistent TradeBook. The next boot camp starts on January 10, 2022 and you can sign up here. This week has been slow. I had some small wins yesterday and today, but I have not done anything particularly aggressive. It is the final week of 2021, when most traders are away,...