stock market

Dear Traders, We’ve had another wild and volatile day on the market. I traded Apple’s earnings, which blew up 7% after reporting a 110-billion share buyback, the largest in US history. This means Apple itself is buying back the shares, pushing the prices higher for investors. NVDA was also an amazing breakout that both Brian … Read more

Dear Traders, I am back from my trip to Papua New Guinea and climbing the 6th of the Seven Summits, the 7 highest peaks on each continent. On the way home, I stopped in Australia for 3 days and saw Brisbane, Canberra, and Sydney. On short notice, 15 traders from Sydney came out and we … Read more

Dear Traders, I have two pieces of good news and one piece of bad news for everyone. First, the good news! I successfully climbed the highest peak in Oceania, Mount Wilhelm. It was a great journey into some of the wilderness areas in Papua New Guinea that humans rarely walk. I had two local guides … Read more

Dear Traders, Trading was fantastic today, with some excellent moves on Tesla. Thor and Paras traded Tesla live with me and we were all successful, even though we traded completely differently. When you are on the top, it is easy for people to criticize you. Elon Musk is an amazing entrepreneur with an incredible track … Read more

Dear Traders, The major international development over the weekend was of course Iran’s missile and drone barrage against Israel. President Biden reportedly told Israel’s Prime Minister Benjamin Netanyahu that the US won’t support a counterattack, while European nations are also calling on Israel not to react with aggression. Iran has said, “the matter can be … Read more

Dear traders, Congratulations to all of you who did an amazing job in holding the biggest event ever for our community in Vancouver! Over 250 people attended, with many excellent talks and presentations delivered. The pictures will be ready shortly, and I hope you will share them as much as possible in your social media … Read more

Dear Traders, What a day to end the week! Did you see what happened? Elon Musk denied a report that Tesla had called off plans for a less-expensive vehicle, saying on X that “Reuters is lying.” The report, which dragged Tesla shares lower by as much as 6.2%, just came before Paras was trading it … Read more

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 is dangerous. Today, Tesla reported its delivery numbers, … Read more

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 gorgeous here! This is a 7-day, 250km ski mountaineering … Read more

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 all-time highs, possibly nearing $1,000 per share. … Read more

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 record high last week, but the main question … Read more

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%! It might soon surpass Apple and MSFT in market … Read more

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 firms. This is because the majority of their future … Read more

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. MARA was a company that we used … Read more

Dear traders, Today was the most important day in the US stock market, probably in a long time. NVDA reported last night, and everyone who was saying the stock market bubble would burst with NVDA’s disappointing growth was proved wrong. NVDA squeezed over 15% on beating the expectations, taking the market with itself higher and … Read more

Hello Traders, Last week, we published a groundbreaking paper with my friend Carlo Zarratini and Prof. Andrea Barbon at the Swiss Finance Institute. The link to my previous email was not correct and was redirected to an old paper. Here is the correct link to the new paper. Read The Paper HerePlease let me or … Read more

Hello Traders, Just today, Prof. Andrea Barbon at the University of St. Gallen in Switzerland, my friend Carlo Zarrattini and I, published a new breakthrough paper on the validity of the Opening Range Breakout (ORB) strategy, and tested that for over 7,000 stocks. Our results are fascinating and show that ORB is meaningfully significant on … Read more

Hello Traders, Happy Valentine’s Day! One of my closest friends went on an Ayahuasca trip in Peru. Afterward, I asked him what he learned. I am a big advocate of psychedelics and their experiences, so it was important for me to learn what he took away from that 3-day intense experience. He said he learned … Read more