The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds “view the economy as being strong but susceptible to shocks,...
The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds "view the economy as being strong but susceptible to shocks,...
Hello everyone, I hope that thus far you all are having a good trading week. I unfortunately did trade a bit recklessly but, overall, I am keeping myself in check. We had a great time on Saturday in NYC with traders from all over the place joining...
Wow, what a day yesterday was! First, at 10:10 am ET, Bloomberg disclosed that based on "five people familiar with the matter", a limited trade deal with China would soon be announced by the White House. SPY skyrocketed to make a new all-time high! And...
ETF - Exchange-Traded Fund - Represents a stake in the underlying commodity, holds the assets it tracks. ETN - Exchange-Traded Note - Structured product that is issued as senior-debt notes (debt that possesses the highest priority if the company goes bankrupt). Inverse ETF/ETN - Designed to return the...
Hello traders, I just got back from my climbing and running trip to Switzerland. We also had a really nice meet up with some of our traders in in Zurich, thanks to everyone who attended the meetup. Today after I got home from the airport, I fired...
Hello BBT Members! We have TWO announcements pertaining to new broker agreements that are sure to save BBT members some money on commissions! The first is about CenterPoint Securities and the second is about a new broker for members that do not have $25,000 to...
I assume you have heard by now the horrible news regarding the 850-year-old Notre Dame Cathedral in Paris. I happened to be in Paris this past week and on Saturday my wife and I visited this amazing landmark of human history. We went inside and...
Today, one of our traders who I met recently at our LA meet up cancelled his account with us. He emailed some heartfelt thoughts about his trading endeavor. I love what Nick wrote and I am excited to share his message with our community. “I tried...
As some of you know, I have just come back from climbing Mt. Giluwe (4,368 m (14,331 ft)), the highest volcano in Oceania. Climbing has always been a source of energy for me; it is something that serves my soul. When I’m on an expedition,...