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 today’s Recap, Marcello talks about a way of payment using an implant placed inside your hand; Bitcoin is now legal tender in the Central African Republic; More analysts are predicting a food shortage in 2023. The Central African Republic adopted Bitcoin as its official currency, thus following El Salvador’s as the 2nd country to do so. Bitcoin was made legal tender after lawmakers voted unanimously to pass the bill legalizing the world’s largest cryptocurrency & other cryptos, according to the chief […]
In this week’s recap, US & world markets in general ended lower this week, with the Russian/Ukrainian conflict showing no signs of ending soon and the World Bank lowered its global growth forecast for 2022 by nearly 1%, from +4.1% to +3.2%. The IMF also cut its global growth projections for 2022 & 2023, now projecting a +3.6% GDP rate. This represents a -0.8% & -0.2% drop saying the economic impact from Russia’s invasion of Ukraine will propagate far & wide. Corn […]
In today’s Recap, Marcello talks about the faceoff between Tesla’s CEO, Elon Musk, and Twitter when he made a public offer to buy 100% of the social media firm; Warren Buffet was called a sociopathic grandpa from Omaha by Peter Thiel; Inflation and food prices are still going up. Elon Musk offers to buy 100% of Twitter for $54.20 a share (at a 54% premium), saying the social media company needs to be transformed privately, a little over a week after first […]
In this week’s recap, the global stock markets ended lower as the US inflation rate reaches 40 year high. EU building up strategic reserves for chemical, biological, and radio-nuclear emergencies. Union mobilized the medical reserve unit to procure potassium iodide tablets. Biden Food Shortages continues with Walgreens Rationing Baby Formula. Twitter shares soared +27.12% Monday to $49.97, with a market cap of $31.47B, after filings revealed that Tesla CEO Elon Musk had purchased a 9.2% stake in the social network. Musk’s 73,486,938 […]
In this week’s Recap, Marcello talks about how the U.S. House of Representatives passed a bill to Federally Legalize Marijuana; Europe bans anonymous crypto wallets, like Trezor, or Metamask, to protect against money laundering by attempting to complete “Know Your Client” (KYC) checks; “world leaders” are talking about a coming new world order. Tesla announced it wants to split its stock so it can pay a stock dividend to shareholders, according to a Securities & Exchange Commission filing on Monday. The electric […]
In this week’s Recap, Marcello talks about how President Biden confirmed that food shortages due to Ukraine’s conflict are going to be real; Warren Buffet invested in a Brazilian digital bank that invests in Crypto; Opensea daily volume dropped 72% to $70M from $250M. Business activity in Germany, Europe’s largest economy, dipped in March as output price inflation hit a new record high & the war in Ukraine impacted demand as well as supply chains. In France business activity accelerated unexpectedly to […]
In this week’s recap, Marcello talks about how the ongoing conflict between Russia and Ukraine is going to affect the surge of supplies to harvest and produce food; Saudi Arabia is now in talks with China to create yuan-priced oil contracts, which will discourage the use of US dollars, thus worsening inflation. The Labor Department stated Tuesday that wholesale inflation in the U.S. shot up +10% last month from a year earlier in another sign that inflationary pressures remain intense at all […]
In today’s recap, Marcello talks about what Robert Kiyosaki warned on Twitter about Bitcoin and Biden’s administration(Bitcoin to be Seized?); Gasoline has been hit by inflation, reaching and surpassing $8 USD per gallon in California; Russia’s military activity against Ukraine is increasing. Bitcoin & other cryptocurrencies were trading higher on Wednesday after U.S. President Biden announced his highly-anticipated executive order on digital assets, which somewhat appeared to take a supportive stance toward the industry. Bitcoin was trading over +9% higher at $42,291.10. […]
In this week’s recap, the US markets closed lower this week, with oil prices surging to multiyear highs, as Russia’s invasion of Ukraine continued to roil markets. Euro & Asian markets ended far lower due to the Russian-Ukraine crisis. Latin American markets ended mostly positive. The food crisis begins in Europe and Asian countries. The American Petroleum Institute (API) estimated there was a surprise draw this week for crude oil of 6.1M barrels after a prediction of a build of 2.79M barrels. […]
In this week’s recap, the most important news is the Russian invasion of Ukrainian territory, which affected global markets throughout the week. The high volatility caused the markets to collapse after the invasion and recover again at the end of the week. Russia’s main equities index, the MOEX, collapsed -by 45% and was temporarily suspended to stop the fall. Was the worst 1-day drop on record. Financial firms in Europe & the U.S. suffered heavy share price falls on Thursday, as they […]