In today’s recap, Marcello talks about how Gamestop traders made a move on the silver market trying to replicate what they achieved with Gamestop’s stocks. There’s a possible ban coming for Bitcoin in India since governments are starting to focus on their own digital currencies. A translucent pyramid was re-discovered, is it Atlantis? The Hunt brothers had moved to corner the silver market in 1979 & 1980, by buying up 1/3 of the entire global supply outside reserves held by governments. Within […]
Recap January 31: WAR! Robinhood & Gamestop – Attacking Silver Market (Recap ep108)
On today’s recap we talk about the big situation surrounding Robinhood & Gamestop. We also talk about how redditers are looking at silver as their new possible target. The GameStop phenomena up over 100% on Friday again at over $400.00 a share has investors & much of the internet, spellbound. Shares are up nearly 1,800% already for 2021 & over 9000% year on year. It’s largely because an army of traders in a Reddit group, have been buying the stock to hurt […]
Recap January 24: US Dollar collapsing – Hedge Funds investing in Bitcoin (Recap Ep107)
In this week’s recap, the global shares fell from record highs on Friday as new data reminded investors of the obstacles facing the economic recovery, slowing the rally provided by the new proposed U.S. stimulus. U.S. stocks ended higher on Tuesday and Wednesday, as each of the 3 major indices reached record intraday & closing highs, on investor hopes of massive new federal stimulus coming soon. However, the U.S. stock ended lower on Friday, after hitting record levels, as shares of blue-chip […]
Recap January 17: Tesla better returns than Bitcoin, Stock Record Highs (Recap Ep106)
In this week’s recap, the U.S. stocks ended slightly higher Tuesday, as tech shares push the S&P & Nasdaq to new record highs with the start of earnings season & the signing of a partial China trade deal. However, U.S. stocks were lower Friday, as optimism over a $1.9T stimulus plan by President-elect Biden faded with investors looking at quarterly reports from major U.S. banks & initial jobless claims spiked to their highest level since August last week. Bitcoin +10.6% to $38,593.00 […]
Recap January 10: Elon Musk Richest In The World, Stocks Record Highs, Bitcoin Explodes (Recap ep105)
In this week’s Recap we talk about how Elon Musk is now the world’s richest person over Jeff Bezos, Stocks are at record highs and Bitcoin is having a wild climb in prices. Elon Musk edges past Amazon founder Jeff Bezos to become the world’s richest person. A +6% rise in Tesla shares early Thursday lifted the value of its CEO’s stock holdings & options by $10B, taking his net worth to about +$191B. A more modest rise of less than 2% […]
Recap January 3: Tesla in India, Bitcoin Record Highs, New Carbon Dioxide fuel (Recap ep104)
In this week’s recap, Marcello talks about the plans of Tesla to arrive to india, the new record highs reached by Bitcoin and a new fuel made of Carbon Dioxide. Tesla will come to India early next year says the country’s transport minister Nitin Gadkari. The electric-car maker will start with sales and then possibly look at assembly & manufacturing there based on the response of consumers. India has been looking to reduce its oil dependence & cut down on pollution, but […]
Recap December 27: Bitcoin Surges, Tesla Dumps, Covid Mutant Strain (panic!) (Recap Ep103)
In this week’s recap, the US stock markets were mixed, as investor concerns over a new coronavirus strain in the U.K. and the U.S. President Trump called the $892B package a disgrace, demanding changes to the bipartisan legislation approved by Congress, specifically aiming for funding headed overseas, & the reduced direct payments to individuals (just $600) & families. Remains unclear if the items will be enough for him to veto the package. Trump wants $2K to individuals & $4K to couples. The […]
Recap December 20: Stocks & Bitcoin Record Highs, Tesla New Age (Recap Ep102)
In this week’s recap, the US stock markets were higher every day, on increased investor hopes of imminent passing of a coronavirus stimulus bill. U.S. stocks surge is pushing equity valuations near the highest levels in years, as investors try to determine if the rally signals an economic rebound or an asset price bubble amidst a global pandemic. The S&P 500 +15.22% in 2020, trades at 22x forward earnings, vs. the historical average of 15.3x. The tech sector accounts for near 28% […]
Recap December 13: Facebook Antitrust Lawsuit – Stocks at Record Highs (Recap Ep101)
In this week’s recap, the main US stock indices ended lower, after having reached all-time highs earlier in the week, as delays over a new fiscal stimulus package & surging coronavirus infection hurt investor sentiment, along with failure for a trade deal on Brexit. The European Central Bank is poised to deliver another round of monetary stimulus to help the Eurozone through the pandemic, adding €500B ($605B) more to the Pandemic Emergency Purchase Program & extending it by at least 6 months […]
Recap December 6: Tesla Profitable – Record highs in stocks & Bitcoin (Recap Ep100)
In this recap, the U.S stock futures end higher as weekly jobless claims declined, the upcoming vaccine approval process & investors looked to today’s monthly jobs report, as an indication that the economic recovery is ongoing. All 3 major indices ending at record highs, as the slowest U.S. jobs growth in 6 months raised investor expectations for a new fiscal stimulus bill to help further revive the economy. Global shares at record levels on Friday, set for a 5th straight week of […]