Dear Traders, Oh, Snap! Social media companies such as Snap, Meta (Facebook), Pinterest, Twitter, and Roku are on course to shed more than $100 billion in market value after Snap soured the mood with a profit warning. Their CEO essentially said in a statement to forget about any estimate or guidance, the situation is bad for us. The company's shares are set for a record one-day drop, down about 40% as of today. Today, we traded the...

Welcome back Brian from his trip to Peru, where he hiked up part of the Inca Trail to Machu Picchu with his son, Scott. Brian traded AMD and TQQQ with me this morning. You can watch the recap we posted in our YouTube channel here, and make sure to subscribe and ask your questions in the Comments section too. Diddly Doodly! Today’s Global News and Financial Recap Stocks rose in Europe after US President Joe Biden said...

Dear Traders, Jarad and I did some excellent trading at the Open with another successful trading day in the Technology sector. QQQ in particular was volatile! Jarad traded AMC and TGT successfully and I traded AMD nicely. Watch our recap here for the review of our trading. Today, I am hosting a Wednesday Psychology presentation at 8pm ET. I’ll walk through the do’s and don’ts of day trading, and what has helped me the most in trading...

I thought I would share my 3 year story, and lessons learned with you. Today, I have a great side business, day trading along with you (and team). However, it did not come with extremely low lows, and high highs. Now that I feel somewhat more experienced, I realize that the journey I went through is not atypical. I started with Bear Bull Traders in 2019. I sought to learn a new skill. So with $30k, I...

Dear Traders, Just when you thought you’d seen it all this year, President Donald Trump’s new media company, Trump Media & Technology Group (TMTG), is merging with Digital World Acquisition Corp. (DWAC). The company will be branching off in several directions and intends to challenge popular social media platforms and streaming services like Twitter, Amazon, Netflix, and Disney. The new social media platform will be called Truth Social. DWAC skyrocketed well over 1000% in the last few...

Dear Traders, I am writing this letter to you with some excellent news. First though, our very own Thor Young was invited to the New York Stock Exchange and received a tour of the NYSE’s trading floor. He was also able to discuss many important technical aspects of trading with designated market makers (the people who once were referred to by the NYSE as specialists). I know Thor deepened his knowledge of how the market works...

Dear Traders, I hope everyone had a good weekend and that you are starting to get ready for Halloween! The market gapped down significantly because of slower than expected GDP figures from China but it has quickly recovered the losses. As I am writing this newsletter, QQQ and SPY are moving toward all-time highs. This amazing volatility has made it an incredible world to trade in. We are also heading into the earnings season, with Tesla...

Dear Traders, I hope everyone is on course for a great trading week. I am writing today’s newsletter on my flight from London to Vancouver. I am (almost!) back home from a 2-week vacation, a meeting related to work, and a race in Europe. During this time, I was able to visit southern Spain, Portugal, London, and Scotland. I met with traders in all of these countries, and I was amazed that over 35 traders attended...

Dear Traders, I am writing Friday’s newsletter from Barcelona, Spain where I am participating in the ultramarathon Salomon Ultra Pirineu 2021. I did manage to trade on Thursday with an excellent Opening Range Breakout on AMD. Please watch my recap here. Barcelona is a very beautiful place with amazing food and culture. I’ve done a few runs and I’ve been exploring the city on running shoes! Pictured above is me running in Barcelona. Please follow my Instagram...

Dear Traders, I hope each of you is having a great Friday and that you are ready for a restful weekend. I have suffered through a very bad trading day with several dreadful losses on lower float, lower price stocks such as ZIVO and AEHR. Hopefully your trading has unfolded better than mine! Please watch the recap that Brian and I posted here. The Chinese government has once again announced a crackdown on cryptocurrency, sending crypto market...