Welcome to Recession and Negative GDP
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 on today’s Closing Bell show. Our guest is Jared Dillian, a former Lehman Brothers trader. Jared will be talking about the state of the market. Please join with us and support us live. Ardi might even take a live trade too! Yesterday, based on its earnings, he opened a straddle position on META.
Today, some of the big names like Amazon and AAPL will be releasing their earnings. I encourage you to step into Ed Martin’s room as he will most likely be trading them before his regular Thursday Mentorship session.
As ever, if you have any questions, please reach out to me by simply replying to this email.
To your success,
PS1: Although it is still in a beta version, you can visit tradingterminal.com to do research on stocks you’re interested in. While we have not perfected it completely yet, it is a great place to not only research stocks, but also crypto and forex, as well as catch up on the latest news. There’s even an earnings calendar to assist you in making trading decisions.
PS2: If you have not already, I encourage 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.