Dear Traders, The market made a strong move towards a 52-week high today. Although it started slow, it turned out to be a volatile day with plenty of trading opportunities. All sectors closed in the green, with real estate and utilities leading the way. First, we witnessed a hot IPO after many months. $ARM, a chip design market based in the UK, had its shares open at $56.10, steadily climbing, and closing its first day at $63.59,...

Dear Traders, Ardi and I are back from Toronto, where we had three amazing talks, including my keynote speech where I wore my Everest suit! It was a lot of fun, and all of our talks were well attended. Thank you, everyone, for coming and for your amazing support. After that, about 40 of us went to a nearby pub to celebrate the event and catch up with the BBT Family. You can find all the pictures...

Dear Traders, Brian, Paras, Ardi, and I are in Toronto for the Moneyshow, where I will be the first keynote speaker on Saturday at 9 am, followed by a technical presentation at 12 pm. Ardi and I arrived late last night in Toronto and decided to stay in an airport hotel. This morning, I woke up late but managed to do a quick $1,500 scalp on Tesla from Toronto Airport! You can watch my recap here. In Toronto, we...

Dear Traders, What an incredible day it was today! Apple shares took a tumble, on track to lose a staggering $200 billion in market value over just two days, all due to China's plans to extend the ban on iPhones to government-backed agencies and state companies. Shares of the world's largest company dropped by as much as 5.1%, bringing its two-day decline to 6.8%. Apple is a major player in US equity indexes (QQQ and SPY) and...

Dear Traders, I hope everyone had a great long weekend and is ready for fall. I'm back from Burning Man, and this year was quite interesting. The entire desert got flooded, and 72,000 people were stuck. If you want to know about my experience, check out my post on LinkedIn and let me know what you think. Today was a fascinating day. Two experienced traders, Brian and I, took the same trade using a strategy called the...

Hello traders, I hope you are well and trading has been fun this week. Happy jobs day! The job numbers were above expectations but showed that the economy, wages, and overall hiring have slowed down dramatically. The data shows after a period of above-trend growth in both the economy and job market, we are now heading back to pre-pandemic levels. The stocks gapped up on the job reports, but then gave it all back through the trading...

Hello traders, Happy burn day! I am in full Burning Man mode right now and all settled into my camp. I even met one of our traders, Sagyn, here! I met Sagyn just recently in New York and now we are at Burning Man together! I guess it is true what they say, traders who trade together, burn together! Burning Man concept is about “why not”. People come to a harsh environment in a desert and build...

Hello traders, Happy Burn! As many of you know, I am a huge advocate of Burning Man and try to attend every year. I have previously attended with Brian and had an amazing experience. Many people view Burning Man as a week-long party involving drugs, but the reality couldn't be further from the truth. Yes, there is some partying, but Burning Man is about self-actualization, personal growth, helping others, and giving back. I aim to share my journey...

Dear Traders, Today's newsletter isn't just about the market – it's also about a transformative journey that has shaped not only my outlook on life but also my approach to trading. As I prepare to head to Reno, NV for our traders' meetup and then immerse myself in the unique experience of Burning Man, I wanted to share how this annual pilgrimage to the Nevada desert has profoundly impacted my trading success. You might already know me...

Dear Traders, Big news in the house! $NVDA, the shining star of the stock market, just dropped its earnings report yesterday. Brace yourselves for the numbers – they are impressive! The semiconductor giant’s second-quarter results blew away estimates. Adjusted earnings per share of $2.70 on revenues of $13.51 topped the expected $2.09 and $11.22 billion. Second-quarter revenues jumped 88% QoQ, driven by data center revenue of $10.32 billion (+171% YoY). NVIDIA´s stock jumped up more than 8% in...