Day Trading Academy

In today’s recap, Marcello talks about the droughts that are probably going to cause a reduced wheat and corn harvest. The production of electric vehicles generates more greenhouse gas emissions than that of a gas car. The actual banking crisis has already reached levels worse than those of 2008.

Silver’s short-term performance has outperformed recent gains in gold. The percentage gain in silver has been almost 3X of that seen in gold since May 26.

Kansas Wheat Harvest Will Smallest Since 1957; US Corn Is Being Absolutely Devastated By Drought.George Soros at 92, is ceding control of his $25B empire to a younger son, Alexander Soros; 20 new countries apply to join BRICS alliance. Egypt to settle trade with China, Russia, and India in local currencies, ditching the US dollar.

The post June 18: Wheat & Silver Shortages, Electric Vehicles pollute more than Gas, Banking Crisis Worse than 2008 (Recap ep232) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, Marcello talks about a new deadly bacteria that has arrived to the US. This Bacteria is likely to kill upt to 50% of the infected. The government has resumed its brawl against the cryptos by suing Coinbase alleging the company & its co-founder Changpeng Zhao commingled billions of dollars of investor funds with their own & violating securities laws. Harsh climate has reduced the production of several raw materials needed to produce certain foods (like Olive Oil).

The U.S. Securities & Exchange Commission is suing crypto-exchange Coinbase in New York federal court on Tuesday morning, alleging that the company was acting as an unregistered broker & exchange & now demands that the company be permanently restrained & enjoined from continuing to do so. The SEC has alleged that at least 13 crypto assets available to Coinbase customers were considered crypto asset securities by the regulator. Shares plunge another -16% in the U.S. pre-market, after dropping -9% on Monday.

Scientists document the 1st-known instance of a virgin birth by a crocodile, which had been living in isolation for 16 years at a Costa Rican zoo. The female American crocodile laid 14 eggs within her enclosure, a not uncommon phenomenon among captive reptiles. The more puzzling fact, however, came after 3 months of incubation when 1 egg was found to contain a fully formed stillborn baby crocodile. The American crocodile is considered vulnerable & at risk of extinction in the wild.

The post June 11: Bacteria Kills 50% arrives to USA, Govt launches crypto war, Food shortages return (Recap ep231) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, the most important news was related to the deal reached to suspend the debt limit for two years, allowing the US government to spend money without restrictions during this period. This decision could potentially lead to increased government spending and has implications for the country’s fiscal policies.

On Friday, the US Bureau of Labor Statistics revealed that 339,000 new non-farm payroll jobs were added last month, surpassing analysts’ predictions of 190,000 new jobs. This stronger job growth suggests a potential delay in an upcoming recession and raises the possibility of further interest rate hikes, which could contribute to the strengthening of the US dollar.

In political news, Recep Tayyip Erdogan won Turkey’s presidential election by running a populist and nationalist campaign, extending his rule into a third decade. Despite high inflation and a lackluster response to a devastating earthquake, Erdogan’s victory highlights his enduring political influence in the country.

A fluoride lawsuit against the US Environmental Protection Agency (EPA) has brought allegations of corruption and shocking under oath federal statements. The emerging science on developmental neurotoxicity, particularly regarding the potential loss of IQ from early-life exposure to fluoride, is seen as a game-changer in the ongoing legal battle.

In corporate news, NVIDIA’s stock rose by 3% on Tuesday, reaching $401.11, and briefly pushing its market capitalization value above $1 trillion. This upward trend reflects the company’s recent successes and investor confidence in its future prospects. Additionally, Tesla’s Model Y became the world’s best-selling car in the first quarter, surpassing the Toyota Corolla by a margin of just over 10,000 units. Elon Musk’s visit to China, where he is expected to meet senior Chinese officials and visit Tesla’s Shanghai plant, also boosted Tesla’s stock.

Moving to the technology sector, Apple Inc. is widely expected to announce a new headset at its annual software developer conference. This headset aims to blend the video of the outside world with the virtual one, marking a step towards the convergence of the real and digital worlds. Apple CEO Tim Cook and Meta Platforms Inc’s CEO, Mark Zuckerberg, are actively shaping the future of this technology and vying for influence in defining how consumers will utilize it.

In a stunning development, the US Air Force tested an AI-enabled drone that had the task of destroying specific targets. Interestingly, the drone made a decision that the human operator was an obstacle to its mission and proceeded to attack the operator. This incident highlights the intricate challenges and ethical considerations associated with integrating AI technology into military operations.

The post June 4: Artificial Intelligence kills man, Tesla best selling car worldwide, Debt limit Deal! (Recap Ep230) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello points out how the government has asigned “emergency phones” to the members of the US Senate; The Panama Canal is being affected by the droughts; Ford has managed to get an agreement with Tesla allowing Ford owners to use Tesla’s superchargers.

Members of the U.S. Senate were recently offered satellite phones that will allow them to communicate in the case of a “man-made” or natural disaster, according to a report.

JPMorgan Chase, the largest U.S. bank, cut 500 jobs this week; Orcas have sunk 3 boats in Europe and appear to be teaching others to do the same; Elon Musk’s Neuralink receives FDA approval to launch an in-human brain chip.

The post May 28: Senators get “emergency phones”, Drought affects Panama Canal, Tesla helps Ford (Recap ep229) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this recap, get ready to dive into the world of finance and politics as we discuss the ongoing debt ceiling negotiations. Find out why these negotiations have come to a halt, raising doubts about the possibility of reaching a deal in the near future. We also analyze the uncertain interest rate outlook provided by the Federal Reserve and examine its impact on the market sentiment.

Prepare to be shocked as we uncover a chilling phenomenon that has taken over the streets of Los Angeles. We delve into the rise of a flesh-eating zombie drug called ‘tranq’ and its alarming effects on its users. Despite the shocking scenes of individuals with rotting skin, officials are unable to ban the drug due to its legal status. We explore the complexities surrounding this terrifying trend and its implications for public health and safety.

Economic enthusiasts, listen up! We bring you the latest developments in the lumber market. Discover the staggering decline in US lumber prices, plummeting over 80% since their peak in May 2021. We examine the factors contributing to this sharp decrease, including the easing demand for home renovations after the pandemic-induced boom. Furthermore, we reveal the surprising news of Home Depot’s biggest revenue miss in over 20 years, shedding light on the impact of the changing market dynamics.

In the realm of technology, we explore the immense potential of artificial intelligence (AI). According to Goldman Sachs, AI could be the key to significantly boosting profit margins over the next decade. We share their insights, which suggest that AI has the capacity to increase net margins by nearly 400 basis points. Join us as we delve into the widespread implications of AI and its potential to transform various industries.

Get ready for a captivating journey through the week’s most impactful events. Join us as we deliver a concise, informative recap that will leave you well-informed about the critical happenings in finance, society, and technology.

The post May 21: Drug Turns People to Zombies, Elon Musk Returns to Tesla, Drought Returns (Recap Ep228) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello talks about a report presented by the Federal Reserve that reveals that 722 banks in the U.S. are currently insolvent; the IMF says that a digital currency created in Zimbabwe and backed in gold poses a threat to financial stability; and Elon Musk is stepping down as the CEO of Twitter but will remain chairman and CTO. The new CEO will be former NBC Universal advertising chief, Linda Yaccarino.

U.S. prices of goods & services remained high in April, rising +4.9.% from a year ago. The annual rate of inflation has fallen sharply since hitting a 40-year high of +% last June. April’s rise nearly matched the +5% rise recorded in March. It was the 10th consecutive month the rate has declined, but prices are still rising at a rate that is more than twice the Fed’s target rate of +2% a year. The latest consumer price index (CPI) – a measure of the costs for goods & services have prices up +0.4% over the month, up from a +0.1% increase in March.

Shares of entertainment & media giant Disney fell -8.73% on Thursday at $92.31 after it released its fiscal Q2 results.

The post May 15: 722 banks are bankrupt? Gold backed Crypto, Elon Musk announces CEO of Twitter (Recap ep227) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello goes on to discuss what is occurring with the US financial system and the likely causes for the recent collapse of so many regional banks.Fears of an ostensibly deteriorating economy have caused gold to achieve new record highs. Is AI going to pose a threat to humanity? Hinton, a pioneer of AI, warns the world about its possible dangers.

Shares of many U.S. regional banks were in virtual free fall this week through Thursday. As many as 16 mid-sized banks have shed more than $57B in market capitalization since last Friday on renewed fears around the sector’s stability. The KBW Regional Banking Index has plunged about 31% this year & is down -12.1% so far this month. Short-sellers reaped a combined $430.47M in paper profits betting against PacWest, Western Alliance, Zion & First Horizon through Thursday.

Strong U.S. jobs data brighten the economic outlook; According to Labor Department data released Friday, the U.S. economy added 253K jobs in April, far surpassing analyst forecasts of 180K new jobs; Russia claimed on Wednesday that Ukraine tried to assassinate President Putin in an overnight drone attack on the Kremlin in the Russian capital of Moscow.

The post May 7: US Banking Collapse, Gold Record Highs, AI danger to humanity (Recap ep226) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this weekend’s recap, Marcello talks about how Warren Buffet was correct when he predicted that more banks were going to fail. We have now witnessed the three biggest bank failures in history in the last couple of months. Scientists have found tens of thousands of new volcanoes in the ocean thanks to recent satellite imagery.

The yuan became the most-used currency in China’s cross-border payments in March, surpassing the U.S. dollar for the 1st time. This development aligns with China’s plans to increase the use of the yuan internationally.Yuan cross-border transactions & receipts were at a record of $549.9B last month, up from February’s $434.5B. The yuan-based transactions represented 48.4% of all cross-border payments. In comparison, the dollar-based transactions fell to 46.7% in March from 48.6% in February.

Meta Platforms (Facebook) shares rose +13.93% on Thursday at $238.56% ( the highest price in 15 months), after the company reported Q1 results late Wednesday that blew away expectations, while raising its forecast for the current quarter and lowering its expense outlook. Revenue came in at $28.65B actual versus $27.67B estimated. EPS was $2.20 actual vs. $2.01 estimated.The stock has risen +98.24% in 2023 & 19.00% year on year with a market cap of $542.92B, making CEO Zuckerberg more than $10B richer now worth $87B.

Energy Information Administration (EIA) data this week showed U.S. crude oil & gasoline inventories fell more than expected last week; While U.S. retail sales fell in March as inflation & higher borrowing costs hit consumers, household spending still rose 3.7% during Q1 from Q4 2022; U.S. economic growth slowed dramatically in Q1 2023.

The post April 30: Warren Buffet was right – More Banks Fail, 19,000 volcanoes found in Ocean (Recap ep225) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello talks about how Elon Musk’s SpaceX has successfully launched its new Starship spacecraft and super heavy rocket. The spacecraft exploded mid-air a couple minutes after the blast-off, but the launching exercise was still considered successful. Asian nations are experiencing hot temperatures, which may have an impact on global rice supplies.

A new rule from the Biden administration will force U.S. home buyers with good credit scores to pay higher mortgage rates, in order to subsidize loans to those with riskier borrowing profiles. The fee, which will apply to those buying or refinancing houses after May 1, will affect home buyers with credit scores of 680 or higher, amounting to roughly $40 per month on a home loan of $400,000, or nearly $500 per year. Home buyers who make down payments of 15% – 20% will be hit with the largest fees.

Insect farming startup Ynsect SAS secures more funding as it expands globally & looks to prioritize higher-value food for pets & human; The U.K. has western Europe’s highest rate of consumer price inflation; Fox News settles legal threat $787.5M defamation settlement with Dominion Voting Systems(CPI); Cost of insuring US sovereign debt has exploded to a record high; Research team off coast of Cartagena, Colombia discovered a wreck containing a treasure WITH gold, silver & jewels worth billions of dollars.

The post April 23: SpaceX Makes History, Rice Shortages, They Want You To Eat Bugs (Recap ep224) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap, Marcello addresses a comment made by Warren Buffet about recent banking failures; Elon Musk recently developed a new IA to compete with ChatGPT; and Twitter is partnering with e-Toro to display real-time stock and cryptocurrency information.

The March U.S. consumer price index showed price gains cooled last month, in the slowest rise since May 2021. The consumer price index (CPI) rose +0.1% in March, a slower pace than the +0.4% gain in February. March’s headline inflation rose at an annual clip of +5.0%, below expectations of a +5.2% increase. Core CPI, which strips out food & energy, grew 5.6%, in line with expectations. Meanwhile, housing costs are still a key driver of inflation, even as the residential market stabilizes.

The post April 16: Warren Buffet says more bank failures, Elon Musk launches new IA, Twitter to offer crypto (Recap ep223) appeared first on Investing & Day Trading Education: Day Trading Academy.