Dear Traders,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...

Dear Traders,Happy interest rate hike day! Today, the Federal Reserve, your friendly central banking system, is raising the interest rate by 0.75%, and the prognostications about what Chair Jerome Powell and friends will do in September are what investors are watching.I had an amazing morning that helped me cover the trading losses of the last few days. I got really nice Opening Range Breakouts on MSFT and TQQQ, Brian had a nice short on SAVA,...

Dear Traders,Today, I unfortunately suffered another big trading loss while also missing the Open. Thor and Brian had some amazing trades at the Open, with shorts on 3M and Coinbase, but since I missed about 30 minutes of the Open, my trading day went really bad. You can watch our recap here.Two important announcements before I make a point about the Fed. One is that we are holding a half-day seminar outside LA on August...

Dear Traders,This week is a very important earnings week. Some of the biggest companies that make up the US economy will be reporting their earnings and releasing guidance for the future. All eyes are on the earnings of Apple, Google, Meta, Microsoft, Amazon, and so on. You can check the full calendar list here in our Trading Terminal.Today, the market opened flat and traded choppy and in a very narrow range. I suffered a big...

Dear Traders,US social media companies lost billions in market value today as disappointing revenue from Snap raised concerns about the outlook for online advertising. I personally stopped all of the online advertisements I had for my books and Bear Bull Traders months ago, as I was not seeing reasonable customer acquisitions from them. Snapchat lost 35% in trading today and took down Meta with them as they lost more than 6%. Google and Twitter dropped...

Dear Traders,Earnings season has kicked off with thus far some strong moves to the upside. Netflix surged after it lost only 900k subscribers instead of the estimated 2M. Tesla is surging today after beating estimates. Today, I traded TSLA for a nice Opening Range Breakout and yesterday Thor nailed NFLX on earnings trades. You can watch our recap here.I have been invited to participate in next week’s MoneyShow Virtual Expo. I will be presenting on...

Dear Traders,As I am writing this newsletter today, the market has gapped up and rallied on not particularly good economic news. I had a nice trading day, but overall there was some choppiness and I did do some overtrading. You can watch the recap that Brian and I posted here. Earnings season is upon us, and the full earnings calendar can be viewed in our Trading Terminal. Keep an eye out this week for some...

Hey Traders,I'm very sorry for missing the Open today. Yesterday, I arrived in Bilbao, nestled in the Cantabrian Mountains of northern Spain. I'll be here for the next week as I do some running in the mountains. One of the reasons we made trading psychology, and psychology overall, such a priority at Bear Bull Traders is because we all learn early on that aside from a successful strategy, it is one of the most important...

Hey Traders,Today, we saw a nice bounce in the markets. Unfortunately, I slept in and ended up missing the open. I did manage to catch a really nice reversal on NVDA. Please watch my recap with Brian here.This afternoon at 3:30PM ET, join Ardi and I as we go live on YouTube with our very special guest: Jay Singh, who is an ex-trader from Goldman Sachs. Jay managed over $2 Billion on the proprietary trading...

Hey Traders, Happy belated 4th of July to all of my American friends and traders at BBT, I hope you all had a great long weekend. The market was closed on Monday and it was the first Monday in a while that the market did not go down! Today, the market gapped down due to recession fears and rising natural gas prices, as well as the mess in the EU. It traded very interestingly during the open,...