Dear Traders, Today, I had my biggest day trading loss in the last two years: over $75,000 on Tesla. I had a bias toward short, and I kept trying to short it, although the price action was really not confirming it. Having a bias about a trade...
Dear Traders, Happy Easter! I hope everyone had a great long weekend. This week will be the most important week ever for Bear Bull Traders! We are getting ready for our biggest event of the year, with over 250 traders and their families joining us at the...
Dear Traders, I am in Berlin, for the first time, writing this newsletter to you. Berlin is a really beautiful city and I have enjoyed my last 24 hours here. It has so much history, and even though it was literally destroyed in 1945 during WW2’s...
Dear Traders, I'm nearly finished with my ski traverse from France to Switzerland. Just one more day to go, and I'll be among those who've completed this amazing, world-famous ski mountaineering traverse. We've crossed some big mountains, passed through high mountain passes, and over glaciers. It's...
Dear Traders, Happy Inflation Report Day! Today brought us another dynamic day in the market, with the CPI numbers coming in as anticipated. The core inflation rate now stands at 3.2% annually, still overshooting the Federal Reserve's 2% target. NVDA surged by another 7% today, moving toward new...
Dear Traders, This week, we are set to receive tons of important inflation data. Also as we are one week out from the next Fed meeting, I expect to see some extreme volatility in large-cap tech stocks as the rollercoaster continues. AI darling Nvidia soared to a...
Dear Traders, What a crazy market we had today, hitting another all-time high with SPY and QQQ. NVDA seems poised to hit $1,000 soon, perhaps as early as tomorrow. It was up another 5% today, and over the past 5 days, it has surged over 16%!...
Dear Traders, In basic economics, the direction of interest rates impacts a company's theoretical value. When interest rates fall, and all else is constant, the share value will likely rise. Conversely, when interest rates rise, the share value will likely fall, especially for companies like technology...
Dear Traders, It's 2021 all over again! Bitcoin and crypto are so back, soaring toward $64,200, at a 52-week high, levels not seen since 2021. And probably soon back to another all-time high. Companies related to the crypto sector, such as miners and the blockchain sector, are surging....
Dear Traders, Yesterday I returned from an amazing weekend in Vegas and I traded the market open in my office today. MoneyShow invited me to have 2 presentations over the weekend in Las Vegas, which received a lot of interest from the attendees. We had to...