The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds “view the economy as being strong but susceptible to shocks, particularly from a global slowdown, trade and geopolitics like a potentially messy Brexit.” The market did not like that attitude one bit and SPY (the ETF that generally shows market direction)...

The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds "view the economy as being strong but susceptible to shocks, particularly from a global slowdown, trade and geopolitics like a potentially messy Brexit." The market did not like that attitude one bit and SPY (the ETF that generally shows market direction)...

Hello everyone, I hope that thus far you all are having a good trading week. I unfortunately did trade a bit recklessly but, overall, I am keeping myself in check. We had a great time on Saturday in NYC with traders from all over the place joining us. From Canada, as well as from Florida, California, Texas, and many other states, our members gathered together for an evening of laughs, drinks, food, and some words of wisdom...

Wow, what a day yesterday was! First, at 10:10 am ET, Bloomberg disclosed that based on "five people familiar with the matter", a limited trade deal with China would soon be announced by the White House. SPY skyrocketed to make a new all-time high! And then, at 10:50 am, the White House denied the report and SPY took a dive. Nevertheless, investors seemed to be in an optimistic mood because SPY did make a new...

ETF - Exchange-Traded Fund - Represents a stake in the underlying commodity, holds the assets it tracks. ETN - Exchange-Traded Note - Structured product that is issued as senior-debt notes (debt that possesses the highest priority if the company goes bankrupt). Inverse ETF/ETN - Designed to return the exact opposite performance of the underlying index/benchmark (in percentage gains/losses). Leveraged ETF/ETN - Designed to use financial derivatives and/or debt to amplify returns of the underlying index/benchmark (in percentage gains/losses). Usually...

Hello traders, I just got back from my climbing and running trip to Switzerland. We also had a really nice meet up with some of our traders in in Zurich, thanks to everyone who attended the meetup. Today after I got home from the airport, I fired up my trading station to see what was happening in the markets. I did not have any watchlist, so I was looking for stocks in play and I noticed Disney...

Hello BBT Members! We have TWO announcements pertaining to new broker agreements that are sure to save BBT members some money on commissions! The first is about CenterPoint Securities and the second is about a new broker for members that do not have $25,000 to trade with. Scroll down to learn more about each broker. 1.) If you are using Interactive Brokers (IB) and the DAS platform, DAS has offered the members of the Bear Bull...

I assume you have heard by now the horrible news regarding the 850-year-old Notre Dame Cathedral in Paris. I happened to be in Paris this past week and on Saturday my wife and I visited this amazing landmark of human history. We went inside and sat down on the benches and for about 30 minutes listened to the prayers being offered. They were some very reflective moments for both of us. We of course hope...

Today, one of our traders who I met recently at our LA meet up cancelled his account with us. He emailed some heartfelt thoughts about his trading endeavor. I love what Nick wrote and I am excited to share his message with our community. “I tried to do well. I worked harder on this than anything else. I learned a lot about myself. I couldn’t find the consistency that I was looking for. Thank you for...

As some of you know, I have just come back from climbing Mt. Giluwe (4,368 m (14,331 ft)), the highest volcano in Oceania. Climbing has always been a source of energy for me; it is something that serves my soul. When I’m on an expedition, I feel connected to Nature and truly find myself. Again this time, it was a meditative experience and I learned much about myself. I strongly believe that everyone should have...