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 recap in our YouTube channel. Let me know in the comments section if you have any questions. Global Financial News Apple Inc. also brought disappointment to investors. Apple predicted that supply constraints...

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: Tesla. As I am writing this newsletter, Tesla is down another 5% after a collapse of over 12% these last few days. Both Meta Platforms (parent company of Facebook) and...

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 he made fun of Bill Gates on Twitter for shorting Tesla. That is how the universe works (I suppose!). In the chatroom today, Brian and I traded AMD, NVDA, and...

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 for me too! The market in Asia is melting as China's coronavirus outbreak worsens, with rising cases in Beijing sparking fears about an unprecedented lockdown of the capital. The results of...

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 posted here. Thankfully, my trade in Tesla was better, and that made me some profit. Economic News Headlines The market sold off for the last two days, primarily because of a very...

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 the time of writing this newsletter, QQQ and IWM are up over 1.5%. Brian executed a very nice short on PLUG, Norm shorted PLUG in the premarket, and I made...

Dear Traders,What a crazy market when you see Netflix blow up over $60 billion of its market cap, dropping more than 38% after disappointing earnings. We traded the heck out of Netflix on the short side, but I made some very big mistakes trying to catch a reversal on it too early, and that ended with a loss. Rats! You can watch the recap that Brian and I posted here. Ardi sold some $190 puts...

Dear Traders,I hope everyone had a great long weekend. This morning, I unfortunately did not trade as I was recovering from too much fun over the holiday weekend (!), but Thor and Brian executed some amazing trades, and Aiman and Thor posted recaps that you can access here.The market still shows no sign of strength and trades are unfolding in a very narrow range. Year to Date, as seen in a chart from our prototype...

Dear Traders,Today we had some exceptional trading opportunities thanks to the volatility arising from Elon Musk’s hostile takeover of Twitter as well as the short squeeze that unfolded on Veru Inc. I executed a number of excellent trades on VERU, got stuck in a halt, and then sold toward $18 on the breakout. As for Twitter, I ended up setting two stop losses and eventually got a very nice reversal. You can watch the recap...

Dear Traders,The market is very strong as I am writing this newsletter. The Open was slow and choppy but I managed to execute a quick scalp and book some decent profit. You can watch the recap that Brian and I posted here.Peter held an excellent webinar last night on How to Take SMART Trade Entries. The webinar was well attended and it is ready for viewing by all Elite members. Make sure to check it...