Dear Traders,Today’s focus on the trading front was Amazon and Apple…and they did not disappoint! We had an amazing and profitable trading day in the community. I personally had one of my most exceptional days trading this year. You can watch the recap that Brian and I posted here.Last night, we had a very informative talk with former Lehman Brothers head of ETF trading, Jared Dillian, and we also saw some nice moves on Amazon...

Dear Traders,Yet again we have had an amazing trading day. News has come in that the Senate has agreed to a $350 billion package on clean tech. PLUG and RUN and some other clean tech names were strong. I myself traded AMD and PLUG, Thor did some excellent trades on AMD, and Brian traded META. Zuckerberg is shrinking every day. You can watch our recap here. Ardi and I are hosting a very important LIVE discussion...

Dear Traders,Happy interest rate hike day! Today, the Federal Reserve, your friendly central banking system, is raising the interest rate by 0.75%, and the prognostications about what Chair Jerome Powell and friends will do in September are what investors are watching.I had an amazing morning that helped me cover the trading losses of the last few days. I got really nice Opening Range Breakouts on MSFT and TQQQ, Brian had a nice short on SAVA,...

Dear Traders,Today, I unfortunately suffered another big trading loss while also missing the Open. Thor and Brian had some amazing trades at the Open, with shorts on 3M and Coinbase, but since I missed about 30 minutes of the Open, my trading day went really bad. You can watch our recap here.Two important announcements before I make a point about the Fed. One is that we are holding a half-day seminar outside LA on August...

Dear Traders,This week is a very important earnings week. Some of the biggest companies that make up the US economy will be reporting their earnings and releasing guidance for the future. All eyes are on the earnings of Apple, Google, Meta, Microsoft, Amazon, and so on. You can check the full calendar list here in our Trading Terminal.Today, the market opened flat and traded choppy and in a very narrow range. I suffered a big...

Dear Traders,US social media companies lost billions in market value today as disappointing revenue from Snap raised concerns about the outlook for online advertising. I personally stopped all of the online advertisements I had for my books and Bear Bull Traders months ago, as I was not seeing reasonable customer acquisitions from them. Snapchat lost 35% in trading today and took down Meta with them as they lost more than 6%. Google and Twitter dropped...

Dear Traders,Earnings season has kicked off with thus far some strong moves to the upside. Netflix surged after it lost only 900k subscribers instead of the estimated 2M. Tesla is surging today after beating estimates. Today, I traded TSLA for a nice Opening Range Breakout and yesterday Thor nailed NFLX on earnings trades. You can watch our recap here.I have been invited to participate in next week’s MoneyShow Virtual Expo. I will be presenting on...

Dear Traders,As I am writing this newsletter today, the market has gapped up and rallied on not particularly good economic news. I had a nice trading day, but overall there was some choppiness and I did do some overtrading. You can watch the recap that Brian and I posted here. Earnings season is upon us, and the full earnings calendar can be viewed in our Trading Terminal. Keep an eye out this week for some...

Dear Traders,I just got back from Spain last night and then reaped 27k day trading TQQQ and NVDA. You can watch the recap that Brian and I posted here.Spain was great. I flew to Bilbao from London and drove to Parco de Europe where I stayed for a few nights running in the mountains. The heatwave in Spain made it difficult to run longer distances, and I thus had to start early each morning, but...

Dear Traders,I am again writing to you from northern Spain, where I've taken some time to enjoy running in the mountains. However, it’s proven difficult as I have had to get up early to get my runs in due to the temperature hitting as high as 42 degrees Celsius (107°F). Thanks to Aiman for covering the Open with Brian this morning in my absence. I know you're in good hands. The recap should be up...