Day Trading Academy

In this week’s recap, US markets ended higher, as US household net worth fell over $6 trillion in Q2. 69 million households are canceling vacations, driving less & cutting grocery bills, with inflation hitting homes. Internationally markets mixed this week. Europe and Latin America mostly higher. Bitcoin higher this week: Up +7.40% from $19,850.90.

Energy crisis continues around the world: European gas prices up by +35% on Monday; Japan currently imports about 94% of its energy supply; gas futures surging over +280% YTD, after Gazprom stated won’t reopen main gas pipeline to Europe.

The dollar continues to gain strength as investors look to the US currency as the last safe haven. Korean weakest point since April 2009. Euro hit a 20-yr. low on Monday. Yen at 24 year low. GBP lowest level vs. US dollar since 1985 at $1.1443 Monday.

Dutch city plans to ban meat advertisments, as farmers protest against government’s emission targets; record-breaking heat wave hit Western part US and China; Queen Elizabeth II of the United Kingdom passed away on Thursday at the age of 96; Huge asteroid twice size of Big Ben set to smash into Earth’s orbit this month; pple announced new products including iPhone 14.

The post September 11: US networth Craters $6 trillion, Housing Markets Collapses, Banned ads for meat products (Recap Ep192) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, the global markets continued mostly lower, but Russia went up +8.92%. Russia also cut off the gas to Germany. 40% of the Chinese economy (real estate) started to collapse, as China’s housing volume sales went down 30%. Inflation continues to rise. Not a great week for the economic world.

Europe is having an exorbitant rise in energy prices, forcing Europe’s steelmakers to close plants. A cafe was charged nearly USD 10k for two months of usage. The UK announced an 80% hike in gas and electric bills before winter. For 1st time since French records began in 2012 as became a power importer, production of nuclear energy hit a 30-year low.

The ECB reaffirms that it must act more aggressively to curb inflation even if that means dragging member states’ economies into recession. Goldman Sachs warns U.K. inflation could soar +22% in 2023 if energy prices continue an upward spiral.

WhatsApp banned 2.39M Indian accounts in July; SpaceX now launching Starlink satellites every 5 days; Argentina’s vice-pres Cristina Fernández de Kirchner narrowly avoided an “assassination attempt” after a gunman’s weapon jammed as he aimed at her; Indian billionaire Gautam Adani is the 1st ever Asian man to crack top 3 richest men; Pakistan’s gov’t is appealing for international help to tackle a flooding emergency; Nvidia stock hit 52-week low on Thursday.

The post September 4: Another Food Processing Plant mysteriously burn down, Cost of Energy explodes, No gas for Germany (Recap Ep191) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, US stocks plunged after comments from Fed Chairman Powell, who warned of rising interest rates as long as inflation remains elevated. International markets ended mostly lower this week, as the world’s economic powers struggle with various social, natural, and inflationary problems.

According to National Energy Assistance Directors Association (NEADA) over 20M US households, about 1 in 6 American homes are currently behind on utility bills. NEADA said households owe a combined $16B in unpaid utility bills. Surging electricity prices have spurred the worst-ever crisis in late utility payments.

US Commerce Dept stated Friday that U.S. consumer spending barely rose in July but inflation eased considerably, which may give Fed room to scale back agree interest rate increases. Consumer spending, over 2/3 of the US economy, edged up 0.1% last month.

Tesla’s 3-for-1 stock split is set to take place Wednesday after market close, meaning shareholders will get two new shares for each they currently hold when trading begins Thursday.

U.S. NASA’s Artemis 1 mission, scheduled take off next Monday; “Shop now pay later” schemes hit Island as people CAN’T AFFORD FOOD; precious metals and bitcoin lower for the week; in China, temps reach as high as 45 degrees Celsius (113 Fahrenheit); Lukashenko said military’s SU-24 warplanes will bemodified to carry nuclear weapons; Thailand’s Constitutional Court ordered the nation’s PM suspended from his duties.

The post August 28: Everything Collapses, Fed says “pain is coming”, Tesla stock split (Recap Ep190) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello reminds us of the quote he usually uses: “Look at what they do, not what they say” when he talks about investing guru Michael Burry, who has liquidated almost all his entire portfolio; another food processing plant has “mysteriously” burned; and a trader just made USD 100 million USD trading Bed Bath and Beyond shares before its collapse.

Shares of Bed Bath and Beyond fell. Activist investor Ryan Cohen who co-founded Chewy & is chairman of GameStop, has exited his position in the meme mall retailer selling some 7M shares, according to a securities filing released Thursday afternoon. The filing says Cohen’s RC Ventures dumped its stock at a range of prices between $18.68 & $29.22 per share. They were bought at an average of $15.34 per share, leaving Cohen with a profit of $59M.

A father & son fishing off the coast of Maine caught a bright blue lobster which marine biologists say is a rare, 1-in-2-million sea discovery.

The post August 21: URGENT: Michael Burry LIQUIDATES Portfolio, Another Food Processing Plant Burns, Trader $110 million Bed Bath & Beyond (Recap ep189) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s Recap, Marcello talks about how some stock markets are climbing; the UK is preparing to do planned blackouts to deal with the energy crisis that might come; New IRS special agents are being hired, and part of their job duties include “carry a firearm and use deadly force, if necessary”.

A power outage in Toronto’s downtown core on Thursday, left the offices of Canada’s top businesses dark & forced the evacuation of 1 of the city’s biggest shopping malls & caused some bank branches to be locked. It affected 10,000 customers in downtown Toronto, Canada’s biggest city. Reports that a barge carrying an erect crane at the Port Lands knocked out a couple of high-voltage transmission lines.

The Eurozone’s industrial production increased more than expected in June, suggesting that the bloc’s manufacturing sector activity recovery may be occurring; Ethiopia completes the 3rd phase of filling the reservoir for its huge dam on the Blue Nile river.

The post August 14: Stocks Rise, Planned Blackouts in UK, IRS to Use Deadly Force? (Recap ep188) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, all the US Major indexes finished the best month since 2020. International markets ended mostly higher. On Monday, the SEC said charged 11 people for their roles in creating & promoting fraudulent crypto pyramid/Ponzi scheme, that raised over +$300M from millions of retail investors globally, including the U.S. The crypto scheme was called Forsage and claimed to be a decentralized smart contract platform.

France, the Netherlands & parts of England saw the driest July on record, exacerbating water shortages and forcing restrictions. Rainfall was down an average of -84% in France last month:

US House of Representatives Speaker Nancy Pelosi arrived in Taiwan on Tuesday, despite military threats made by the Chinese govt, becoming the highest-ranked American official to visit the self-ruled island claimed by China in 25 years. Her arrival heightened geopolitical tensions between China & U.S.

Oil prices dropped over -4% Monday, as weak manufacturing data in several countries weighed on the demand outlook; gas demand is lower than summer of 2020 during the pandemic; the US added 528K jobs in July & unemployment rate fell to 3.5% according to Labor Dept; Robinhood reducing headcount by 23%; Tesla shareholders completed vote authorizes a 3-for-1 stock split since a stock split benefits shareholders; Russia stated on Tuesday at the UN the conflict in Ukraine doesn’t warrant the use of nuclear weapons but could decide to use l in response to direct aggression by NATO countries over the invasion.

The post August 7: Rivers run dry in Europe, Solana Hacked $200 million, Tesla Stock Split (Recap Ep187) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello talk to us about how the recession is “official” since Q1 and Q2 of 2022 were negative; Tesla said they have sold 75% of all their crypto assets; Hanover, a city in Germany, is shutting off hot water to save energy. They are also shutting off lighting in spotlights on public monuments and turning off fountains.

The U.S. is officially in a recession since GDP fell at a yearly pace of -0.9% in Q2, according to the Commerce Department’s 1st estimate of economic growth. GDP had fallen at an annualized rate of -1.6% in Q1. Most economists had expected GDP to fall for the 2nd consecutive quarter, as the economy faced increasing pressure from high inflation, rising interest rates, slowing job growth & falling home sales.

Luiz Inacio Lula da Silva criticized his rival, Bolsonaro, for treating Brazil’s armed forces as if they were his political tool; The Cuban capital of Havana, home to 20% of the population of 11.2M & center of economic activity in Cuba will begin electricity blackouts in August; The Biden administration on Tuesday said it will sell an additional 20M barrels of oil from the U.S. Strategic Petroleum Reserve (SPR)

The post July 31: Recession! Tesla sells Bitcoin, Germany turns off hot water (Recap ep186) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, US markets and mostly all international markets ended the week higher. Value (IPO) in US/EU fell 90% this year due to postponing/canceling plans to go public. Globally, the value IPOs has fallen 71%, from $283B to $81B. The number of listings has fallen from 1,237 to 596.

China’s homebuyer mortgage boycott: people stop paying their unfinished construction projects. Chinese property is likely the largest asset class in the world. Things like this, generated chaos in China’s economy, with the banks not allowing to withdraw money from the ATM. Regional banks said people can’t have their money since it’s considered investment products.

Europe experiences a record-breaking heat wave with triple temps fires that destroyed 1,000’s acres, 1000’s firefighters had trouble containing forest fires in France, Spain & Portugal, 1000’s people evacuated in the south of France, +14,000 people fled as fires spread to +27K acres of land. Temps London & S. England hit a record-setting 40° Celsius (104° F) this week, UK issues 1st-ever red warning (national emergency) about exceptional heat. Luton airport closed because the tarmac was melted from the heat.

Dutch CB will find Binance 3.3M Euros ($3.35M) for offering services in the Netherlands, without being registered in the country; Turkey just disclosed the 2nd largest reserves of rare earth metals; India’s seasonal rains curtailed demand in the world’s 3rd-largest energy consumer; Blackstone, the largest US residential & commercial landlord, is preparing $50 billion to buy real estate during the coming crash; Euro-zone inflation hit +8.6% year-on-year in June; Snapchat shares fell -39% Friday, down to under $10.00; Warren Buffett’s Berkshire Hathaway bought another 1.94M shares Occidental Petroleum.

The post July 24: World Famine start in 2022? Banks collapse China, Record Heatwave Melts cars & airports (Recap Ep185) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello talks about a recent video from NYC Emergency Management that shares important steps for New Yorkers to follow in case a nuclear attack occurs; rent in New York skyrockets; and inflation keeps rising to new levels.

Founders of bankrupt crypto hedge fund 3AC have gone missing, as investors try to recoup assets. Lawyers representing 3AC’s creditors say the location of Zhu Su& Kyle Davies are currently unknown. The court filing from Friday also alleges that the founders have not begun to cooperate with the liquidation process in any meaningful manner.

Heathrow, the U.K.’s busiest airport, like others across Europe, is struggling to cope as demand rebounds after the pandemic; Sri Lankan President Gotabaya Rajapaksa fled to the Maldives Wednesday; Ukraine reported on Wednesday that a deal to resume grain exports blocked by Russia appeared close; Number of Americans filing new claims for unemployment benefits rose for a 2nd consecutive week.

The post July 17: New York Prepares Nuclear Bomb New York Rents Explodes, Inflation Erupts 9.1% (Recap ep184) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, the most important news was the high US dollar price, Elon Musk walking away from the Twitter deal, and the inflation striking world economies. Us and international markets mainly ended positively for the week. The USD appears to be an ultimate safe haven for investors, with global recession risks incoming. The USD ended the week at a 20-year high. Euro is fast heading towards parity, even if it is holding above 20-year lows in Europe Thursday morning. Japanese yen’s lowest levels in over 20 years. British sterling is near its lowest since March 2020. The Russian ruble has slid by 16% this week.

Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter. Musk’s lawyer claimed Twitter failed to comply with its obligations in the merger agreement. Twitter’s board chair Bret Taylor said the company is still committed to closing the deal at the agreed-upon price and plans to pursue legal action to enforce the agreement. Mr. Musk said he had backed out because Twitter failed to provide enough information on the number of spam and fake accounts. Twitter says it plans to pursue legal action to enforce the agreement.

Over 5M barrels of oil part of the U.S. Strategic Petroleum Reserve (SPR), were exported to Europe & Asia in June, including China. Even as U.S. gasoline & diesel prices hit record highs, SPR inventories have fallen to 538M barrels, the lowest since 1987. Biden administration rep sold nearly 1M barrels of oil from SPR to a Chinese state-owned firm.

Hamburg preparing ration hot water as Russia energy crisis escalates; China’s steel mills approaching crisis conditions; Gold hit 6.5-month low & silver a 2-year low; South Korea CPI CPI in June rose +6%; Euro hit lowest level against USD since 2002; $250B debt bomb threatens to drag developing world into a historic cascade of defaults; Generac Holding shares rise +6.04% on Thursday; Canada has major internet outage: 911, ATMs, debit card services down in Canada; all 30 NATO member countries approved accession protocols Finland & Sweden join NATO; according to UNESCO, over 150 cultural sites in Ukraine partially or destroyed as a result of Russia’s attack & war in Ukraine.

The post July 10: Elon Musk pulls out on Twitter, Internet Blackout Canada, Dollar EXPLODES (Recap Ep183) appeared first on Investing & Day Trading Education: Day Trading Academy.