Uncertain Geopolitical Situation Makes Markets Volatile
As I write this newsletter, the market has sold off over 1.5%, but I am not really sure what the state of the market will be like when you are reading this. Yesterday, the market was down over 1% and then rallied back to green. Geopolitical uncertainty and concerns about inflation are in the minds of traders and investors. There also remains much uncertainty around interest rate hikes but, overall, what we do know is that JPow and his team are not inclined to surprise the market.
We made some amazing reversal trades today on TQQQ, NVDA, and PLTR. Once again, Brian and I traded completely opposite of each other but we both made money. As I noted recently, good trading is when two traders trade the opposite of each other and both profit. You can watch our recap here. You will see that we also review Thor, Megan, and Aiman’s trades.
Today is Thursday Mentorship day for all Elite members. My session started at 11am ET, new members can attend an FAQ with John at 2pm ET, Ed Martin is up at 4:30pm ET (with 30 minutes of after-hours trading commencing at 4pm ET), and at 8pm ET, the mighty Thor will be leading his mentorship session in the webinar room. If you are not yet an Elite member, please take the opportunity to upgrade your membership at a very heavily discounted price here.
See you in our webinars and, if not, in the chatroom. You can reach out to me at [email protected] or just simply reply to this email.
To your success,