Dear Traders,Today the market continued its sell-off as investors desperately search for a return. In a recessionary environment, the market has no reason to go up, but it has a good volatile path of choppiness. I hope the market stays like this: choppy but extremely volatile. Economist had a nice cover talking about how investors are stuck in finding a return. Today was an amazing day-thanks to Brian for helping me find META and short TESLA! Watch our recap here. Also in today's...

Dear Traders,​​It’s a big week ahead! Tomorrow, we will learn the new CPI number (inflation) and we will see if that number will change the volatility in the market. According to Bloomberg, 60% of retail investors such as us are long stocks and think this is a good time to own them. On the other hand, 40% of professional investors are short. Who will be the winner of tomorrow’s battle? Regardless, there are significant amounts...

Dear Traders,Market volatility continues within the Chinese sector and, of course, as usual, with Tesla Inc. Finally, the Communist Party decided to ease their zero-COVID policy, a policy that was obviously failing. I called this last year. I’m not sure why the party did not get it. BABA has gapped up beautifully. Today, in the community, we had some very good trading on BABA and TSLA. The breakouts were clean with a bullish Level 2...

Dear Traders,I am writing this newsletter from Florence, Italy, where I came to meet some of our friends and traders. We had a small but very nice meetup, and I am grateful that some of our traders could make it on such short notice. Two police officers came to meet me and they brought along a bottle of Vin Santo and a card that thanked me for teaching them to become traders. I was thrilled!...

Dear Traders,Today, Chinese-based stocks were gapping up, and I had one of my best trading days in 2022 on XPEV, as the Chinese electric vehicle maker soared. The recap is full of educational material, with a focus on trading based on Nasdaq Level 2 signals. I hope you enjoy it, even though the quality is a bit low as I am traveling and using my traveling laptop. Here’s a link to today’s recap. Elon Doesn't Want...

Dear Traders, The market dropped significantly yesterday as St. Louis Fed President James Bullard — one of the central bank’s most hawkish officials — said he thinks “markets are underpricing a little bit the risk that the FOMC will have to be more aggressive rather than less aggressive in order to contain the very substantial inflation that we have in the US.” Essentially, he is telling investors to not get their hopes up! I had some good...

Dear Traders,Andrew from Dubai says hi, and wishes you a great Cyber Monday! I am in Dubai, where we had a big meetup on Saturday. I met many of our exceptional traders and was impressed with their stories! The market was in turmoil this morning as news of people protesting against more restrictions in Shanghai and other large Chinese cities worried investors. Chaos in China The Communist Party needs to rethink their zero-Covid policy. It has been...

Dear Traders,Happy Thanksgiving to all of my American friends. I hope you enjoy the time with your family and friends! We now have available our first video recapping our Florida meetup. It can be watched on our YouTube channel. As you will see, it was an amazing day of trading, learning, and socializing. Our next live event is set for March 2 and 3, 2023 in San Diego, California. We will soon open registration for it....

Dear Traders,I hope all of my American friends had a wonderful Thanksgiving and are enjoying a long weekend with their family and friends. Sorry that I won't be in the chatroom today, as Ardi and I are en route from Vancouver to Dubai. Usually, the day after Thanksgiving is a relatively slow day to trade and the markets can become choppy soon after the Open. I know you're in good hands with Brian and Peter...

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