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 week’s recap, US markets ended higher as strong economic data was released, helping ease investors’ concerns about the risks posed by Covid-19 & inflation. Consumer confidence jumped more than expected in December. Global stocks lost $1.8T in market capitalization last week, but world stocks are still worth $118T, which is 140% of global GDP. U.S. Senator Joe Manchin, a more conservative Democrat who is key to President Biden’s hopes of passing an additional $1.75T domestic bill, due to the 50 […]
In this week’s recap, global markets are mostly lower for the week, with a sharp fall in shares of tech companies, pushing major indexes lower, continuing a turbulent stretch for some of the biggest firms in the market. Asian markets were mixed. The European Central Bank further cut its bond purchases Thursday but vowed to continue its unprecedented monetary policy support for the Euro-zone economy into 2022. It left the benchmark refinancing rate unchanged at 0%, while the rate on its marginal […]
In this week’s recap, global markets rebound after 4 weeks in hopes that inflation data means the peak has been reached and that the omicron variant is less dangerous than expected. IMF and 10 countries simulate cyberattacks on global financial system. 330 SPAR stores shut down, switch to cash after the cyberattack. U.S. Labor Department on Friday: U.S. consumer prices surged +6.8% in the year leading into November & +0.8% last month alone, the highest rate since 1982, as the economy overwhelmed […]
In this week’s recap, U.S. stocks were lower again this week with an ominous note, after a broad technology-sector selloff, sending the major U.S. stock indexes sharply lower & Treasury yields logging declines, not seen since some of the worst days of the pandemic last year. European shares fell on Friday, heading lower after a downturn in U.S. stocks on a tech slide & fears around the Omicron coronavirus variant hitting economic recovery. Chinese tech stocks in Hong Kong plunged after ride-hailing […]
In this week’s recap, US, European and worldwide overall stocks plummeted, amid investor fears over a new highly mutated variant of Covid-19 found in South Africa shaking up trader sentiment. The investor “fear index” surges by +40%, the most in 10 months. Outgoing German Chancellor Angela Merkel proposed new measures to tackle a 4th wave of the coronavirus pandemic, with a massive number of new Covid cases on Thursday, (up from 66,884 Wednesday). The death toll has now reached over 100K, with […]
In today’s recap, Marcello talks about the Indian government imposing a lockdown due to air pollution; is there a new Smallpox pandemic coming? Vials with the virus have been found; scientists discovered a new planet. The Austrian government on Friday announced that it will extend a lockdown of unvaccinated people to the entire nation starting Monday in a battle to get rising COVID-19 cases under control. It will run for 10 days & a maximum of 20 days. Austrian Chancellor Alexander Schallenberg […]
In this week’s Recap, Marcello tells us about how Elon Musk might be manipulating the markets; Are we walking into an economic crisis driven by inflation?; Due to the increase in the total amount of dollars in existence, holding it’s value is now a problem. Tesla CEO Elon Musk on Saturday asked his 62.5M followers on Twitter in a poll if he should sell 10% of his Tesla stock, already facing a $15B tax bill & to pay for an upcoming possible […]
In today’s Recap, China suggests their citizens to stock up food facing the coming winter; NASA is planning on launching a rocket against an asteroid as a “planetary defense” for practice; Elon Musk is again the richest man in the world. Squid Game cryptocurrency plunges to 0, after its creators who some now claim are actually just scammers, end up stealing $2.1 million from investors. SQUID had surged to as high as $2.861 before the creators sold their holdings for real cash. […]
These are some of the most outstanding news this week: As of Thursday, in the U.S. stock market, forecast-beating results have helped ease investors’ worries that supply-chain difficulties would dent profits, sending stocks higher throughout October. With nearly 50% of S&P 500 companies having posted results this reporting season, about 82% of those have managed to beat analysts’ expectations for earnings. According to official data released on Wednesday, profits at China’s industrial companies rose at a faster pace in September than in […]
In this week’s recap, we find two main problems around the world: supply chain issues & rising inflation. Some governments warned their citizens of future blackouts due to the energy crisis that has become widespread in Europe and China. Such a crisis combined with rising food prices forecasts a complicated outlook for the coming years. U.S. markets ended the week positive, international markets ended mixed for the most part. The number of Americans filing new claims for unemployment benefits dipped to a […]