Dear Traders, The market certainly sold off at the Open today but it has reversed significantly by the time I am writing this newsletter at 11am ET. Market volatility has been so high lately that it is challenging to write some commentary with any sort of...
Dear Traders, We had some amazing trades today in the chatroom including a short on TSLA and a reversal on AMD. Please watch the recap that Brian and I posted here. TSLA has reported some very interesting earnings, and although they had record profits, the overall...
Dear Traders, Today, the market gapped down again and traded lower. Yesterday, it went down as low as 5% for QQQ, while reversing and closing almost green for all indexes. What a volatile time we are trading in! Brian and I traded a nice reversal around...
Dear Traders, I hope everyone began the day – and the week – nice in this volatile market! Brian and I were able to make some great reversals on Indexes. Brian took TNA for the reversal of IWM and I took SPXL and TQQQ for the...
Dear Traders, The global bond market sell off paused yesterday as it seems not all central banks are keen to increase interest rates. The Bank of Japan Governor stated that “Raising rates is unthinkable.” Similarly, the European Central Bank President said they have “…every reason not...
Dear Traders, Interest rates are rising, and that impacts the profit margins of banks. The lower liquidity means money is not as cheap as it used to be, and investors try to avoid high value companies (which often are focused on technology and represented in QQQ)....
Dear Traders, I hope everyone had a great long weekend! We are launching into the earnings season with some big volatility this week. The market sold off heavily as interest rates and the yield on 10-year Treasury bonds (the benchmark for the risk-free rate) rose to...
Dear Traders, I was recently asked by a website to comment on the issue of when it is best to trade stocks and when it is best to trade index funds. In short, my response was that for day traders, it is better to focus on...
Today started very slow, but in the end it turned out to be a very volatile day. As I write this, the market has bounced back from its early morning losses and Brian and I (and hopefully you) were able to make some nice trades....
Dear Traders, What a crazy day to start the week! Ardi, Brian, and I discussed in our weekend AfterHours with Traders that increasing interest rates this year will both strengthen the USD and put selling pressure on high-risk assets such as crypto and overvalued technology stocks...