Members Home

18 May

Posted at 16:30h in Andrew's Newsletter

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...

17 May

Posted at 15:59h in Andrew's Newsletter

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....

12 May

Posted at 16:35h in Andrew's Newsletter

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...

11 May

Posted at 16:19h in Andrew's Newsletter

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...

11 May

Posted at 11:00h in Andrew's Newsletter

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%...

09 May

Posted at 16:44h in Andrew's Newsletter

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...

06 May

Posted at 16:32h in Andrew's Newsletter

Dear Traders,Andrew is headed out on his next adventure, running a 65K (40 mile) ultramarathon in the Azores. Since he was traveling today, Thor hopped in to cover the Open with Brian. The earnings season continues. We're seeing an exceptional amount of volatility in the market, the likes of which we really haven't experienced since the beginning of the war in Ukraine. In the chatroom, we took advantage of some great moves on AMD, Z,...

04 May

Posted at 16:55h in Andrew's Newsletter

Dear Traders,The earnings season is still going wild this week. The ridesharing companies are the latest prey of the bear market. Lyft collapsed over 40% amid reports of a struggle to find drivers. Uber couldn’t escape from the bears either, now down over 10% as of the writing of this newsletter. AMD reported earnings and gapped up over 8% in the premarket, but the bear market crushed it in such a way that, as I...

29 Apr

Posted at 17:43h in Andrew's Newsletter

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...

29 Apr

Posted at 14:12h in Andrew's Newsletter

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...