Hi traders,

Thanks to those of you who joined us today – we had lots to get through!

We covered: FX STAM, Volkswagen ($VOW) Tesla ($TSLA) Baidu ($BIDU) Discovery ($DISCA) Viacom ($VIAC) Tencent ($TME) and Nomura ($8604) along with $USD, $NZD and $GBP.

The Archegos Capital Management story is unfolding as I write this and will make for an interesting week.

There will be no Monday Market Update next Monday due to the Easter Holidays. We will return on Monday 12th April.

Have a great trading week and Easter break and I’ll see you in a couple of weeks.

Trade well,

Paul

Hello traders,

Today on the MMU we took a look at Zoom ($ZM) Peloton ($PTON) and AstraZeneca ($AZN) as well as the Major Indices, $FX, $USD, $CAD and $GBP.

Trade well and I look forward to seeing you next Monday at 1230.

Paul

Hello traders,

On todays Market Update we discussed: $GME, $ETHUSD, $BTCUSD, $IAG, $JETS and $BA as well as looking at $DOW, $USD, $AUD, $GBP.

Have a great trading week and I’ll see you next Monday at 1230 for another Market Update.

Trade well,

Paul

Hello traders,

Thanks to those of you who joined us today. We covered: FX STAM, Pagseguro Digital ($PAGS), Ethereum ($ETHUD), Online Retailers ETF ($IBUY) and Shopify ($SHOP)

Have a great trading week, and see you next Monday at 1230.

https://www.meetup.com/en-AU/TheLondonTradersNetwork/events/rgqpzryccdbdc/

Trade well,

Paul

Hi traders,

Thanks to those of you who joined us for the Monday Market Update. I was asked by several sources to explain the events of last week regarding $GME, RobinHood, Melvin Capital, reddit, and WallStreetbets.

Well I gave it a shot, I caveat it that its not my area of expertise in any sense of the word. I don’t consider myself an equities specialist, and for good-reason because for years Ive been telling people its a murky, opaque battlefield that operates on news flow, and that retail traders are at the bottom of the information food-chain.

Any mistakes or omissions are my fault and I apologise – (for example I forgot to talk about the Gamma Squeeze that occurred as part of the overall short squeeze) it was merely trying to explain the events in broad terms for a generic audience, there is plenty of detailed news flow out there.

The main take-away is that if you’ve done well out of these moves then well-done you! Never forget to manage risk, and maybe take a bit off the table. Yes, there will be more shenanigans this week, just be careful, manage risk, and watch out that you don’t get overwhelmed by greed.

Trade well,

Paul