Happy Inflation Day! Market Recap
Good day! It’s Consumer Price Index (CPI) inflation report day! This morning, we executed several amazing reversals on AMD, BABA, and TQQQ in the chatroom with Brian. You can watch our recap here plus a short video of a tour of the office. We have a new photographer on board to provide higher quality material for our YouTube channel. Please take a look here and tell us what you think!
We are certainly in a volatile kangaroo market at the moment. Up 3%, down 4%, and repeat. As I am writing this newsletter, the market is down around 1.5%. You can check out our Trading Terminal here in order to easily monitor the market in real time (I note it’s still a prototype version).
Today’s meeting between the foreign ministers of Russia and Ukraine in Turkey, the most senior officials to hold in-person talks thus far, made little apparent progress. According to Ukraine’s foreign minister, Russia indicated it will continue its attacks until its goals are met. The House of Representatives approved legislation barring U.S. imports of Russian oil and passed a $13.6 billion emergency aid package for Ukraine and other Eastern European countries, while the Biden administration is considering imposing sanctions on Russia’s state-owned atomic energy company.
Thursday is for mentorship at Bear Bull Traders. As usual, John, Ed, and Thor will be hosting their respective mentorship sessions today. Elite members are encouraged to attend any and all of these sessions. They are an excellent opportunity to learn from some very experienced traders and mentors. The complete calendar can be found here.
Last but not least, please check out the newest release of our Stock Market Simulator Replay here.
To your success,
PS: If you are not yet an Elite member of our community, please take advantage of our Saint Patrick’s Day sale. You will receive 50% off of an Elite annual membership and you will also receive access to every single webinar, mentorship class, educational resource, literally everything that Bear Bull Traders offers. You can read all of the details here