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 […]
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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 […]
Making money with Forex: Introducing Forex funding
Now at SpeedUp Trader, we have forex funding accounts. Although at Day Trading Academy we have always recommended not to start in the world of trading with forex due to the high level of manipulation that occurs there (with an average of 76% of losing accounts), we want to allow those people who believe they can make money in it. We’ll have leveraged accounts between 100,000 and 500,000. As requirements for those who decide to enter Forex trading is to have a […]
Recap February 9: Tesla Stock Surges 300% – Stocks Hit Record Highs (Recap Ep057)
In the recap of this week, we found the U.S. benchmark S&P 500 wrapping up its best week in 8 months, as investors decide to be satisfied with Chinese government efforts to contain the spread of coronavirus & limit the economic damage from the outbreak that has now killed over 600 people. Over 300 S&P 500 companies have now reported Quarter 4 results so far, of which about 70% have topped earnings estimates. Earnings are expected to have risen 2.1% overall. E.U. […]
Recap February 2: Coronavirus Hits Stocks – Trump Impeachment (Recap Ep056)
Coronavirus from China spreads rapidly and hits global markets. Past Monday US stocks nosedived, S&P500 down 1.3%… NASDAQ fell 1.7%… DAO 1.48%. Tuesday markets went up. Thursday closed higher despite the Coronavirus being declared a global emergency by The World Health Organization. Friday markets plunged 600 points due the virus alert. Nations around the world are evacuating their diplomatic staff and citizens. Since the Coronavirus threat started 1 Trillion USD of global equities gone. Oil has been affected, precious metals not so […]
Recap January 26: New Forex Funding! – Coronavirus from China (Recap Ep055)
Funding for Forex activated, we still don’t recommend it for new traders, but if you have enough experience come on over to Speed Up Trader, eventually we’ll have Crypto CFD’ stocks. Coronavirus! New threat to the world arises, according to China Government, it already has killed 56 people and infected over 2K since the first case was detected last week. The virus has made it to other countries and so a new crisis begins. Big selloff past tuesday, due the virus scares, […]
Recap January 19: Stocks Hit Record Highs Across the Board – Trade War Paused (Recap Ep054)
Trade agreement phase 1 between China and the US holds the Trade War! China pledged to buy goods and services from the US over the next 2 years, for the value of $200,000 Millions. The past week balance was: monday US stocks rose, tuesday were mixed due anticipation of the trade deal, wednesdays rose but just behind record highs, on friday the US stocks hit another record highs as well, due investors optimism on the data. DAO went up 1,82%… S&P500 1,99%… […]
Recap January 12: War with Iran Paused – Stocks Rise (Recap Ep053)
On this week’s Recap. The tension between Iran and the United States endures. Iran launched an attack to an US base in Irak, as retaliation of the killing of their top military General, there were no casualties. Trump hasn’t answered back yet. During this event, Iran destroyed with a missile a commercial airplane, minutes after takeoff by accident, killing over 100 people. The US Dollar rose, seems this week. Bitcoin went slightly up $8K, but still not reached $50K. The US Commerce […]
Recap January 5: War with Iran – Stocks Finish in Double Digits (Recap Ep052)
Happy New Year!! The year starts with global tension. US and Iran on the verge of war. First an US embassy was attacked, then the US responded with the killing of Qasem Soleimani, a senior Iranian top General, allegedly, targeting a terrorist group at a military operation in Bagdad, Irak. 2019 was the best years of the decade for Stocks, after 2013, with a favorable tax policy under the Trump administration, wether you love or hate Trump, it’s just facts. US markets […]
Recap December 29: Record Highs In Stocks – Merry Christmas (Recap Ep051)
In the recap of this week, we found that 2019 was a great year for US markets: S&P 500 up more 28.5%, Dow Jones up over +22%, & the NASDAQ up over +34%, Russell 2000 up near +24%. U.S. market on course for its best year since 2013. U.S. 7- to 10-year Treasuries have returned roughly 8%, while U.S. top-quality corporate bonds returned 17%. International Brent crude rose towards $68 a barrel (U.S. WTI to $62) its highest level in over 3 […]