Elon Musk Buys Twitter Stock, Leading to AMAZING Twitter Trading
I have now successfully completed the legendary Marathon des Sables race in the Sahara Desert in Morocco. I finished in the top 20% of the world’s elite runners who were participating. I can report that I am happy. It’s been an incredible experience. Thank you for all of your heartwarming messages and emails.
Today, I am in the city of Marrakesh, in western Morocco, and I was able to trade with Jarad at the Open. Brian is still in Egypt. As you no doubt heard, Elon Musk announced that he had purchased a 9% stake in Twitter, and that news led TWTR to pop up over 20% in the premarket. I executed an amazing trade on Twitter at the Open. Jarad and Thor made equally amazing shorts on it. I also took an excellent reversal on Twitter from its premarket level. You can watch our recap here. Congrats to everyone in the community who managed to secure huge profits on both TWTR and AAPL!
Inflation remains hot and, very unfortunately, the war in Eastern Europe continues on. The fear of a recession is growing stronger and most economists believe that the Fed will take an aggressive approach when it comes to raising interest rates. Regardless, the markets are holding and semiconductor stocks and AAPL, in particular, have made some exceptional moves.
Again this week we are hosting a number of informative webinars. Tonight, Carlos will be leading our onboarding session at 7pm ET and then, at 8pm ET, Kyle will be heading up our Monday Technology forum with a focus this week on DAS Trader Pro. For Tuesday Strategy, beginning at 8pm ET, Jarad will be speaking about how to successfully trade reversals.
I myself will be in London for one night before I fly back to Vancouver on Wednesday.
I hope to see you all in the chatroom. For your information, once home, I will be trading from the office for the rest of April.
To your success,
PS1: Don’t forget to try out our free web-based trading simulator at stocktradingsimulator.com. It’s conveniently available 24/7, whenever you have time to practice honing your trading skills.
PS2: If you are not already an Elite member, I urge you to take advantage of our “Hello Spring” promotion. You will find the details here. You will receive 50% off the price of an Elite annual membership and in return you will gain access to all of our past webinars as well as those planned for the future.