Bitcoin Exchange Trades Funds (ETF) Are Here

Pro Trader Today Chart of the Week: The Sold the News on Bitcoin Bitcoin Exchange Traded Funds (ETF) are here.  And as I predicted last week it would be a “sell the news event.” Most of these new funds are down over 15% on the day. That said, if you are looking for a simple […]

"If I Weren't Nervous, I'd be Worried"

Late last night, the U.S. and the U.K. fired over 100 missiles at 60 Houthi targets in Yemen. I’m sure you’re well aware that the Houthis have been using drones, rockets and even small ships to indiscriminately attack cargo ships in the Red Sea for over a month now – it’s about time the U.S. […]

My beautiful wife was in a panic

The Dogs are Out My beautiful wife was in a panic.  “The dogs got out,” she shouted. “Oh, crap,” I thought.  “That’s bad.” Our fence was old and rotting away.  We had been in this house for ten years and wood had given away to soggy mush.  I had been patching it up here and […]

Houthi Attack Ships, Rates Soar

Houthi Attack Ships, Here is How to Profit They say you should buy when there is blood in the streets, well we have blood in the water.   The Iran-backed, Houthi rebels in Yemen are attacking ships in one of the most busy shipping lanes on earth.  This has caused many shipping companies and insurers to […]

Saudi Arabia Learns a Lesson

I’m starting to think that Saudi Arabia learned its lesson from 2014-15.  2014 was the year Saudi Arabia decided it would retake control of the global oil market. Oil prices were up over $100 a barrel. U.S. oil companies weren’t allowed to export yet, but even the Saudis knew it was inevitable – and they […]

Today's Trading Plan

AI Bets Big Wins Big on Carnival Trade I recommended Carnival Cruise Lines (NYSE: CCL) to Pro Trader Today readers on September 13 at $15 a share. Like many investors, I sometimes suffer from premature allocation – a month later the stock was trading at $11 a share… Even back in September and October, it […]

Is the Rally Over?

A week ago, it was all sunshine and roses. Inflation was defeated, rate cuts were coming, gasoline was cheap, strategist-types were calling for new record highs – celebrating 2024 seemed like a pretty good idea… Then the calendar  flipped, and so did the bulls.  Tesla (NASDAQ: TSLA) reported record deliveries for 2023 – stock tanks […]

I Just Had The Best Three Months Investing In My Life

Swim or Die.  Investing in an Era of Inflation I just had the best three months investing in my life.  My personal portfolio was up 27% in the quarter.  I have had better returns in percentage terms but it’s never been better in terms of how much money I made. This isn’t shocking.  The Nasdaq […]

Happy New Year!

14 months ago, it seemed daunting, to say the least.  The investment research business is overrun these days – a cacophony of “gurus” and “experts” yelling at you from your email inbox every day that they’ve got your wealth-building secret ready for you – just a click (and a few hundred dollars in subscription fees) […]

Bank 208% in Six Weeks and 99% in Three Hours

Diary of a Winning Trade Oftentimes, while telling tales around the campfire and drinking scotch old enough to drink itself, someone will ask, “Hammer, how do you know what to trade?”  I’m here to tell you, it is both a complicated question and a simple one. It is complicated because every trade is different in […]

Things We Have But Don't Want

I hope you all had a great holiday! This year, Santa brought me exactly what I didn’t want … COVID! I’d gone asymptomatic up until now. COVID got its revenge. I basically slept all weekend and most of Christmas Day. Which honestly wouldn’t have been so bad except for the jumping from chills to sweats […]

Buy the Hate During Tax Loss Selling Season

Here it is – the end of the year.  All the gifts have been given and the good ones broken.  The wrapping paper is in the trash and the leftover turkey is jammed into the fridge waiting patiently to be consumed. Now, like all normal people, your holiday thoughts turn to maximizing your tax loss […]