Dear Traders, My apologies for missing trading yesterday. Carlos and I went to the Monolink concert on Wednesday in Vancouver and the night got late for both of us. I did not trade on Thursday, but today was an amazing day for Opening Range Breakouts on technology sector stocks such as TQQQ and AMD. You can watch the recap that Brian and I posted on YouTube here. Monday is Memorial Day and the markets are closed as...

Dear Traders, First and foremost, to all of my American friends and members of our community, please accept my deepest sympathy regarding the elementary school shooting that happened yesterday in the US. My deepest thoughts are with all of my American friends, and in particular with the family and friends of those who were affected. I am very sorry. While the market has stabilized, Tesla and the technology sector gave us great trading opportunities. You can watch...

Dear Traders, Oh, Snap! Social media companies such as Snap, Meta (Facebook), Pinterest, Twitter, and Roku are on course to shed more than $100 billion in market value after Snap soured the mood with a profit warning. Their CEO essentially said in a statement to forget about any estimate or guidance, the situation is bad for us. The company's shares are set for a record one-day drop, down about 40% as of today. Today, we traded the...

Welcome back Brian from his trip to Peru, where he hiked up part of the Inca Trail to Machu Picchu with his son, Scott. Brian traded AMD and TQQQ with me this morning. You can watch the recap we posted in our YouTube channel here, and make sure to subscribe and ask your questions in the Comments section too. Diddly Doodly! Today’s Global News and Financial Recap Stocks rose in Europe after US President Joe Biden said...

Dear Traders, Jarad and I did some excellent trading at the Open with another successful trading day in the Technology sector. QQQ in particular was volatile! Jarad traded AMC and TGT successfully and I traded AMD nicely. Watch our recap here for the review of our trading. Today, I am hosting a Wednesday Psychology presentation at 8pm ET. I’ll walk through the do’s and don’ts of day trading, and what has helped me the most in trading...

Thor and I did some amazing things together this morning. I went long on most of the Stocks in Play, including AMD, NIO, and SOXL. Thor shorted everything he traded (SPY, BABA, and AMD). Both of us were profitable and happy while we were trading in the same market and at the same time. You can watch our recap here to learn from folks in their pjs about what is the secret to professional trading....

Dear Traders,As I am writing these words, crypto’s death spiral continues, with Bitcoin below $27,000. Everyone is now looking for the person responsible to point fingers at. To me, this crash was caused by tech bro hubris and degenerate gamblers who were pouring money into tokens named after dogs, digital drawings of monkeys, and algorithmic stablecoins promising 20% payouts. They’re the same people who make fun of you or bully you for asking a question...

Dear Traders,Happy Inflation Report Day!The market was gapping up significantly in the pre-market, but after the report of 8.4% inflation data YoY in April 2022, it lost all of its gains. Nevertheless, as the market digested the numbers better, it is currently trending higher. We need a day to see exactly how the market will treat the inflation numbers. I may be able to write to you later or Ardi will make a mention about...

Dear Traders,As I am writing this newsletter, it's been a good day for stocks (so far). Gains across Europe extended with most equity indexes recovering roughly half of Monday's selloff. Gains are broad based, but led by the construction, auto, and banking sectors. We’ll see how the US has done later today. The majority of the stock market is in bear territory and volatility remains high. Bitcoin dropped below $30,000, a drop of over 60%...

Dear Traders,Welcome to another episode of financial tightening volatility of the market. We have strange days for trading and there’s amazing volatility each day. As I am writing this newsletter, the market has gapped down another 2% and shows no sign of strength. This market has been a nightmare for investors but a paradise for active traders. It reminds me of the March 2020 pandemic volatility when trading on the exchanges was halted. I am...