Here at Day Trading Academy (DTA), we provide a weekly review of markets and geopolitical events. Below you will find our most recent updates.
Feel free to peruse the most recent Day Trading Academy Blog articles by scrolling down, or choose your topic of interest below:
In this recap, the US stocks had several declines and slight recoveries over the week, falling in tandem with oil & gold prices & worries among investors of further turbulence ahead due to concerns over new coronavirus lock-downs & the inability of Congress to pass more fiscal stimulus, thus hurting the domestic economy. Global shares fall with USD hitting a 2-month high, on investor concerns over another economic hit from the coronavirus pandemic, ahead of key U.S. jobless data. The infection rate […]
Today we are talking about why the market crash and if the bubble has finally popped. 2020 has been a pretty crazy year; The pandemic, the hurricanes, and now the elections of the U.S. next president. A lot of Marcello’s followers have been asking about what happened to the market and why it is crashing, so that’s the reason for this video. The recent passing of supreme court justice Ruth Bader Ginsburg has spiced up things around the elections and created an […]
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 […]
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 […]
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 […]
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. Australia became the latest country to officially enter a recession for the first time since 1991, the worst performance […]
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 […]
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. Shares of Tesla jumped 11.20% on Monday, pushing the stock to a new all-time high of $1,835.64 with market capitalization passing $300B. The stock has already gained 31% in the last week after the electric vehicle firm announced a 5-for-1 stock split. Shares are up +2.25% in the Tuesday pre-market. Apple became the 1st U.S.-listed company with […]
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 […]
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 […]