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Overall, we started off with a good week, and we end off having the third consecutive week of declines for the US stock market, as the sell-off in Big Tech continued, dragging down the overall market. Mixed messaging around a coronavirus vaccine, & concerns over further fiscal stimulus, also weighed on stocks. Global stocks are mixed with investors concerned over a resurgence in coronavirus cases around the world & lingering disappointment that central banks merely affirmed their monetary support this week, without promising additional stimulus.

The U.S. Federal Reserve Bank has effectively established a 3-part litmus test that must be met before interest rates will be raised again: There must be maximum employment, inflation has to rise to 2% & it must be on course to moderately exceed 2%, for an extended time. Translation: No hikes for the foreseeable future.

On Tuesday U.S. President Trump hosted Israeli Prime Minister Netanyahu & the foreign ministers of the United Arab Emirates & Bahrain to mark historic normalization agreements between Israel & the 2 Arab countries. Trump hailed the occasion, claiming the signing of the Abraham Accords would soon be expanded. The question is how many additional Middle-Eastern countries will sign-on, as Iran becomes increasingly isolated.

The U. S. plans to sell as many as 7 major weapons systems, including mines, cruise missiles & drones to Taiwan, as the Trump administration ramps up pressure on China. The island state is beefing up its defenses in what it sees as increasingly threatening moves by China, such as regular Chinese military exercises nearby.

WikiLeaks founder allegedly pardoned to benefit Trump; Copper touched its highest in over 2 years; Chinese yuan jumped to its highest level in 16 months; BP invests $1.1 billion in wind power; the number of unemployment claims in the US remains high; Snowflake shares fall after successful market debut; Eastman Kodak shares up 50% after the director was acquitted; wildfires in the US are 26 times bigger than last year.

The post Recap September 20: Presidential Election Chaos, Ruth Bader Ginsburg, Tech stocks fall (Recap Ep089) appeared first on Investing & Day Trading Education: Day Trading Academy.

This week Tesla stock collapsed along with the market and then recovered back up again. Cryptocurrencies are observed closely by the European Commision. The EC wants to disallow their operation in the European Union until legal, regulatory & oversight challenges have been addressed.

Electric automaker Nikola Corp jumped 40% on Tuesday to $50.00 a share, after General Motors Co said it was acquiring an 11% stake in the company. As part of a deal that will give GM a $2B investment it will supply Nikola with the new Hydrotec fuel-cell technology & Ultium batteries it has developed. Nikola shares are up +385% in 2020, with a market capitalization of $13.5B.

Protests against police brutality leave 7 dead in Colombia; The U.K. has reached a free trade agreement with Japan; Oracle up over +4% exceeding expectations; Manuscript to be auctioned in the US would have been stolen from the Mexican national archives; Mortgage applications to buy houses in the US rose

The post Recap September 13: Tesla stock collapses & recovers – Cryptos illegal in Europe (Recap Ep088) appeared first on Investing & Day Trading Education: Day Trading Academy.

We were getting a lot of questions in regards to the market crash in the last three or four days, so we wanted to do a quick video explaining why this happened. We have a situation now, since the big crash that we had in March (when oil went negative because of shutdowns and the coronavirus pandemic), where governments decided to “help the economy out” not only by just giving free money, but also making sure that economies “don’t fail” by injecting money, not only in the stock markets but also free checks for citizens with stimulus and every other strategy. So, what this has caused is a very speculative environment, especially when it comes to stocks, because it’s like: “Stocks can’t fail” and this is extremely dangerous. After all, eventually when the market does go down, then everybody’s caught in the trap because they just think it can go up for ever.

Then what happens is that a huge fund, for example, comes out with a report saying that they closed a lot of their big positions in a lot of these big tech companies, then people say “wait a second, if they’re closing their positions, maybe I should close mine too”. The market goes down a little bit, it doesn’t continue going higher and because so many people are so highly leveraged, a lot of these brokers do what’s called a ‘margin call’ when you have to cover your leverage (the money borrowed), and then it’s just a house of cards essentially. That’s what happened with the stock market, the value of the stocks continue to go up without any actual fundamental principles, it’s just based on euphoria and speculation, so the market continues to go up and up, and once it doesn’t continue to go up anymore people that are over-leveraged and are over speculated turn into a situation where they can’t cover the leverage they have, which is essentially a loan, so they have to close their positions or put more money, but they don’t have any more money.

The post Why did the stock market crash? appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap talk about the real pandemic numbers and see how the economy is recovering but stocks dropped during these days.

Factories in Asia & Europe continue to show an expansion in manufacturing activity, as the global economy gradually emerges from a downturn triggered by the pandemic, thanks in part to massive government & central bank fiscal & monetary stimulus programs.

Samsung officially announces the 5G-compatible Galaxy Z Fold 2; Scotland revives plans for a 2nd independence referendum; The euro gains strength against the dollar.

The post Recap September 6: Stocks drop, economy recovers, real pandemic numbers (Recap Ep087) appeared first on Investing & Day Trading Education: Day Trading Academy.

In the recap of this week, we found that U.S. stocks end higher, Dow wipes out its 2020 losses at open temporarily. U.S. stock index the S&P 500 futures rose for a 7th consecutive day on Friday, with the prospect of exceptionally low-interest rates for a prolonged period of time, thus spurring investors with their focus shifting to monthly personal consumption data, for signs of an economic rebound. The U.S. Fed is moving towards policy in support of inflation to better help restore the economy to full employment.

Trading was again disrupted on New Zealand’s financial markets for a 4th consecutive day on Friday, as the country’s stock exchange struggled to repel a cyber-attack that is coming from overseas. The motive for the attack on New Zealand’s stock market remains unclear.

Co-founded by Elon Musk in 2016, neuroscience startup Neuralink is expected to detail its latest innovations for implanting minuscule computer chips in human brains, to permit an interface that includes 1000’s of electrodes, to help cure neurological conditions like Alzheimer’s, dementia & spinal cord injuries. It will ultimately fuse humanity with artificial intelligence.

It has been announced that Walmart with shares up near +6% on the news, will be partnering with Microsoft up +3% in a deal worth $20 to $30 billion in pursuit of Tik Tok. ByteDance, the parent company of Tik Tok, is nearing an agreement to sell its U.S., Canadian, Australian & New Zealand operations.

Hurricane Laura poses the biggest threat to U.S. oil in 15 years, as it moves through the Gulf of Mexico north, to strike the energy industry along the coast. Will reach sustained winds of 115 mph (landfall by Thursday). 1.5M BPD of crude oil output, 82% of Gulf of Mexico’s offshore production already shut Monday, as refiners halted facilities that process at least 1.8M BPD of oil, 10% of the U.S. total capacity.

Japan’s Prime Minister Shinzo Abe resigns due to health problems; Belarusian leader threatens to cut transit routes; Peru to test two coronavirus vaccines in September; Best day in over 3 years for Netflix stocks; US dollar stores report big quarterly earnings; Salesforce, Amgen and Honeywell will be added to the Dow; Musk is now worth some $96B, making him the 4th-richest man globally & may become far wealthier.

The post Recap August 30: Elon Musk Next Richest Man – Stocks At Record Highs (Recap Ep086) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap we see how the dollar is collapsing, Tesla stocks reached a new all-time high and Apple hits $2 trillion on market capitalization.

Home construction in the US grows for a third consecutive month; Bitcoin price rises above $ 12K; Gold climbs as the dollar weakens; Unexpected rise in U.S. initial jobless claims; Colombian government seeks to attract foreign investment

The post Recap August 23: Dollar collapses, Tesla Stock Explodes, Apple 2 Trillion (Recap Ep085) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, we found that the American dollar is headed for an 8th consecutive week of losses, its longest weekly losing streak since June 2010. It is due to the rapid run-up in government debt, exceptionally low interest rates, the ongoing rise in coronavirus cases, with the resulting economic fallout.

The Federal Reserve Bank of Boston is collaborating with researchers at MIT in a multi-year effort to build & test a hypothetical digital currency, oriented to central bank uses thus creating a monetary tool, that they call recession insurance bonds, which would draw on some of the advances in digital payments, which would then allow money to be wired instantly to Americans.

The Euro-zone reported the biggest drop it has ever recorded in employment in Quarter 2 falling by -2.8% from Quarter 1. Data also confirms a record drop in the gross domestic product (GDP) last quarter & as well as a widening in the Euro-zone’s trade surplus with the rest of the world.

Russian President Vladimir Putin claimed Tuesday amidst analyst skepticism, that Russia has developed the 1st coronavirus vaccine & stated his daughter had taken it. At the end of July, the WHO said that there were 26 candidate vaccines in the clinical evaluation stage, including the 1 registered in Russia that was developed by the Gamaleya Scientific Research Institute of Epidemiology & Microbiology.

Eastman Kodak loan frozen; India delays approval of Chinese components; Colombia’s coronavirus mortality rate per capita is among the highest in the world; the number of Americans seeking unemployment benefits falls to less than 1M; Israel & the UAE announced an agreement; Belarus re-elects its current president Alyaksandr Lukashenka.

The post Recap August 16: Colapse of Dollar most on record – New Govt Bitcoin (Recap Ep084) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, we found the rise in the global markets, with the US Nasdaq adding the 7th record close, as investors further embraced corporate earnings that surprised to the upside. Investors worry the U.S. government’s response to the pandemic is taking the dollar down, in its worst monthly performance in a decade in July. The recent stimulus is accelerating what has so far been a slow erosion in USD status as the world’s dominant reserve currency. Rock-bottom U.S. interest rates & concerns over a potential rise in inflation are further denting the dollar’s appeal.

World stocks end 4 days of gains on Friday after U.S. President Trump increased tensions with China by banning U.S. transactions with 2 popular Chinese apps: Tencent’s WeChat & ByteDance’s TikTok. Chinese stocks led the losers in Asia & its currency slumped after Trump issued executive orders to purge the Chinese apps from U.S. digital networks.

Euro-zone manufacturing activity expanded modestly last month, its 1st growth since early 2019, & Asia’s disruption is easing as the contraction slowed in export-reliant nations, adding to hopes the sector is emerging, from the hit of the corona-virus pandemic. The Euro-zone economy contracted a record -12.1% in Q2, but +8.1% growth is being forecast for Q3.

Gold rallies above $2,000 per ounce for the 1st time ever, with spot prices hitting $2,041 per ounce on Wednesday. It is the result of a weakening dollar, which makes it cheaper for foreign investors to buy gold, as well as low yields on other safe-haven assets like U.S. Treasuries. Investors fear the trillions in unprecedented stimulus from central banks, which could result in inflationary pressures.

The amorphous boron nitride will revolutionize the electronics industry; Disney shares rose, but have fallen 10% in 2020; electronic skin developed in Singapore; Apple is now the world’s most valuable company; Lim Guan Eng arrested for corruption; The Philippines in recession for the 1st time in 29 years; world food prices increased in July; a massive explosion in Beirut kills 100 people.

The post Recap August 9: Collapse of dollar in July – Record Highs Nasdaq (Recap Ep083) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, we talk about some disastrous economic numbers and how an international experimental nuclear fusion reactor is being built in France to “harness the power of the Sun”

Work has begun to assemble giant components to build an international experimental nuclear fusion reactor in France, that is expected to start up in 2035 & deliver energy in a process inspired by the sun. Will generate power by combining atoms at a temperature of 150 million degrees Celsius (270,000,032 Fahrenheit) in a process similar to nuclear fusion, that produces the sun’s energy.

Eastman Kodak, wins a $765M government loan; Scientists reanimate 101M-year-old microbes; Trump suggests delaying November elections; The Federal Reserve pledges to support the economy; US Treasury Yields at their lowest level in months; The U.S. dollar is suffering a decline.

The post Recap August 2: Disastrous Economic Numbers – Harnessing Power of the Sun (Recap Ep082) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap we talk about how the government says that UFOs are real and how Tesla is profitable and eligible for the S&P 500.

Tesla, after 4 consecutive profitable quarters, is eligible to join the S&P 500 index in a move that may turbocharge the index of America’s top companies. The electric car firm reported $104 million in profit for the last quarter, even though its Fremont manufacturing plant was shut for nearly half of that period. Shares moved +4% in pre-market trading at $1,655.00. Shares are up over +280% this year.

Croatian Parliament approves new government; Apple is under investigation for consumer deception; Optimism for EU Recovery Fund boosts global markets; US national debt reaches 25 trillion dollars; The US exceeds 4 million infected with COVID-19

The post Recap July 26: Tesla is profitable – Govt says UFOs exist (Recap Ep081) appeared first on Investing & Day Trading Education: Day Trading Academy.