The recap of this week was marked by the coronavirus and its consequences in the global economy. After one entire week of work, The US House on Friday passed the expected historic $2T coronavirus relief package. Last week there were 238,000 claims for unemployment in the US, this week the number spiked to 3.28 million when the estimate was for around 1 million. Indicates there are far more people losing their jobs than originally thought. U.S. stocks end lower Friday, after exiting […]
DTAsoporte
Best Job in the world is still trading
Today we are going to talk about why trading is still the best job in the world. Just look at the times that we’re in right now, a time where you had a job but you couldn’t get paid for it, a time where your business is not giving you money, a time where you’re stuck in your house because of a pandemic, a time where you have lost your freedom and your lifestyle. It is precisely at times like this that […]
Recap March 22: Coronavirus Worldwide Depression? – Worst Stock Crash in History (Recap Ep063)
This week we experienced the worst stock crash in history, U.S. stock index futures plunged lower early Monday morning, in the face of the rapidly spreading corona-virus & the Federal Reserve Bank announcement of an interest rate cut down to “0”, both events panicking some investors. Dow plunged over 1,000 points. Bitcoin was at $5,868.00 last Friday evening, then moves lower again early Monday morning to 4,894.97, on 03/16/2020, for a weekend market loss of -19.87%. The gains for the year are […]
Recap March 15: Tesla Stock Down 40% – Most Chaotic week in history (Recap Ep062)
In this week’s recap, markets are living the most chaotic week in history. U.S. stocks plunged on Wednesday, with the Dow confirming a bear market for the 1st time since the financial crisis, after the World Health Organization called the corona-virus outbreak a pandemic. The S&P 500 is also approaching a 20% loss, as the domestic & global economy takes a hit. European stocks had their worst day in history Thursday with Germany’s DAX & France’s CAC 40 both plunged over 12%. […]
Recap March 8: Stock Volatility Unprecedented – Coronavirus Fears (Recap Ep061)
In the recap of this week, coronavirus is again the main topic. U.S. stocks rebounding somewhat on Monday morning, reducing losses from last week’s coronavirus-linked hit. Markets coming off their worst week since the financial crisis. The Dow recorded its worst 1-day point drop in history. As the coronavirus pandemic continues to spread globally & the death toll mounts, it is now being stated that the majority of corona-virus deaths being reported are outside of China, for 1st time since the outbreak […]
How to handle a $47,555 loss – Trading the Silver miners
Today I wanted to share a presentation that we did in the seminar that we had a few weeks ago. This was the saturday before the gigantic crash in the markets and I wanted to share this with you because I think in this industry most people only share all the winners and all the money that they supposedly make, and this is actually a situation where I have two very big loses, it’s $47,555 dollars in losses. I wanted to share […]
Recap March 1: Stock Market Bloodbath – Tesla Stock Colapses 30% (Recap Ep060)
In the recap of this week, the Coronavirus is the main topic. The pandemic fears have wiped out $3.4 trillion from the U.S. S&P 500, in just 6 trading days going from record highs to a correction as of yesterday. And more losses are coming today. U.S. stocks are having their worst week since the 2008 financial crisis. That’s the fastest such movement in over 70 years. U.S. Treasury Yields hitting new record lows Friday as investors look for safety. Panic grows […]
Recap February 22: Stocks Tank on Revenue Guidance – Coronavirus Gets Worse (Recap Ep059)
This week, the U.S. stock indices heading lower on Friday, as a spike in new coronavirus cases in China & elsewhere around the globe, sent many investors running for safer assets such as gold, silver & government bonds. Several U.S. firms are warning investors that Q1 sales will take a hit from the ongoing coronavirus crisis. Apple is 1 example. At a market valuation of $1.4T, Apple put out a surprise investor update, stating it no longer expects to meet the revenue […]
Coronavirus Pandemic: Next Few Weeks Critical
The coronavirus is a very relevant subject that is affecting multiple things day to day. In this video, Marcello shares his point of view in regards to the coronavirus and tells us its possible beginning, likely in a laboratory in Wuhan. He thinks the virus started due to some tests being made on bats, they likely escaped the laboratory and given that all sorts of animals are eaten in China, maybe someone ate the bats infected with the virus and this is […]
Recap February 16: Stocks at Record Highs – Coronavirus Lingers (Recap Ep058)
In the recap of this week, we found the stock markets globally edged higher on Friday, as investors gamble that damage to the world economy from China’s coronavirus outbreak, will not be long term as earlier feared, despite the rather sharp rise in the number of coronavirus deaths & infections as reported by China. Some see the possibility of even more Chinese central bank stimulus measures, in response to any further slowdown likely. International Energy Agency slashes its forecast for global oil […]