Market Selloff Instead of $420 on 4/20 and Tonight’s “Trading a Single Stock” Webinar
The market did not like April 20th, and SPY unfortunately did not hit $420.
As a matter of fact, we saw a significant weakness in the marijuana sector today, with stocks such as APHA and TLRY down over 8%.
A big welcome to all new members who are touring the community. Do not forget, our onboarding and technology class (with Carlos, Mike, Kyle, and myself) is scheduled for every Monday at 8pm ET in the classroom. We will walk you through our community and help you set up your trading business correctly.
I would like to invite all Elite members to this week’s Strategy Tuesday webinar. It is a joint session being led by Peter Donnelly and myself. As we know, Peter has been known to trade AMD since the stock’s childhood (when it was under $10!), and I have recently been frequently trading NIO. What do we like about these individual stocks? What is the good, the bad, and the ugly when it comes to trading only one single stock? In this webinar, Peter and I will share our respective thought processes for choosing one stock to trade over a period of time as well as some examples from our trading. Tonight’s webinar is at 8pm ET in the Webinar room.
Our Wednesday Psychology webinar this week is with our mindfulness coach, Neda Changizi. The evening’s discussion is called: How True Are Your Stories About Yourself? In this webinar, Neda will discuss how to go about re-evaluating our judgments and stories concerning who we are. By bringing the practice of mindfulness to the stories our minds tell about us, we have the opportunity to let go of any judgments we might hold and thus no longer believe these untrue stories. We can then choose to step out of the battle to win self-esteem, and instead focus our energy on taking action in a valued direction. Neda’s webinar is at 8pm ET in the Webinar room. As always, all webinars are recorded for later viewing.
In addition, Elite members, do not forget to attend Thor’s Thursday mentorship session. Each “Thorsday”, Thor will walk you through his trades of the week and answer any questions you may have.
As ever, you can email me at [email protected] (or just reply to this email).
To your success,
PS: The pic above is of myself raising the Bear Bull Traders flag at the top of Mont Blanc in France, the highest peak in the Alps. These were the good times before COVID-19. I can hardly wait to travel again, and this time I am planning to return to South America for some climbing.
PS 2: Did you know you can join Bear Bull Traders as an Elite member for only $1199 (regular $1999)? This is equal to just one year of our basic membership at $99 per month but, as an Elite member, you receive full access to the community. Interested? I hope I will see many of you in tonight’s webinar. Use the promo code SPRING40, or simply click here!