Oil Price Increase, Earnings Season, and War Ahead

By Andrew Aziz  |  
Andrew's Newsletter  |  
Apr 19, 2022
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Dear Traders,

I hope everyone had a great long weekend. This morning, I unfortunately did not trade as I was recovering from too much fun over the holiday weekend (!), but Thor and Brian executed some amazing trades, and Aiman and Thor posted recaps that you can access here.

The market still shows no sign of strength and trades are unfolding in a very narrow range. Year to Date, as seen in a chart from our prototype TradingTerminal.com, reveals that all major indexes are red for the year, with the technology sector the weakest so far. If you have not heard yet, TradingTerminal.com is a project being moved forward by our tech team at Peak Capital Trading.

I want to note as well that Ardi is now on Twitter. Please take a look. In addition, Ardi sends out a weekly macroeconomic evaluation commentary for longer-term trading and investing. Make sure to sign up for his newsletter here.

Stocks in Play

We have a very busy week of earnings coming up and, let me tell you, I cannot wait to trade them! Tesla and Netflix are two of the big names that I am particularly looking forward to hearing the results of. For your convenience, you will find a complete earnings calendar on TradingTerminal.com.

Global Economic News Headlines

There’s still little hope of peace in Ukraine, with Russian bombs and missiles hitting locations around the country, including the western city of Lviv. Even though President Vladimir Putin last week said that talks are at a dead end, billionaire Roman Abramovich travelled to Kyiv in a bid to restart negotiations. On the market side, there is an increasing risk that Putin’s demand for gas payments in rubles will lead to a de facto gas embargo in Europe as lawyers in the bloc draft a finding showing payments in the Russian currency would violate sanctions. Italian Prime Minister Mario Draghi said Europe can reduce energy dependence on Russia sooner than previously expected.

BBT/PCT News and Webinars

I am excited to announce that this weekend we opened registration for Peak Capital Trading’s fifth boot camp. Please consider this your personal invitation to join our boot camp and take your trading to the next level. Details of the boot camp are on our website but, in a nutshell, it is an intense 3-month mentorship program. Traders will be split into two teams, working with Captains Peter and John, and you will have access to several hours each week of private feedback and mentorship from some of our most senior traders. As well, Mike will oversee the development and fine-tuning of your trading strategy. We have had several exceptional traders graduate from our boot camp program, and the feedback we have received from participants has been very encouraging. I hope we will see you there. The numbers are limited to less than 50 traders to ensure it is not too crowded. Please sign up here before it is full. All of our previous boot camps were sold out.

And Finally,

I am planning to go for a run in Portugal on May 7th in the heaven for trail runners, the Azores. If anyone would like to join me, I encourage you to check out the details here. Let’s run together! The Azores are one of the most fascinating places in the world for trail running. I will be signing up for the 65km race (40 miles) but feel free to challenge yourself to the 110km one (68 miles).

To your success,
Andrew

PS1: If you have not already, I urge you 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 yet an Elite member, I encourage 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.