Market Recaps

In this week’s recap, we found that almost all global markets ended higher, with an all-time high in the Dow and S&P 500, as U.S. Treasury yields fell after softer-than-anticipated labor market data, boosts tech & other growth stocks. New York City & state plan to increase taxes on the most affluent residents, despite top business leaders insisting the increases will backfire, by driving away top earners. Marginal income tax rates could be nearly 52% the highest in the nation, which would […]

In today’s recap, we see Tesla beating its delivery estimates and, are we witnessing the beginning of a new financial crisis like the one we had in 2008-2009? Tesla reported Q1 deliveries of 184K, a new record for the company. Analyst expectations were for deliveries of only 168K for the period. Tesla deliveries were almost entirely Model 3 & Model Y vehicles, selling just 2,020 Model S sedans & Model X SUVs. Model Y sales began in China starting in January. Model […]

In this week’s Recap, we talk about how mega-billionaire Ray Dalio warned that Bitcoin could be banned by the U.S. Government. Marcello also explains how the 10% richer are getting even wealthier by controlling 97% of the capital income. The year 2020 saw the world suffer due to the COVID-19 pandemic & the global economy faced its worst recession since World War II. Yet, nearly 2/3 of the world’s billionaire class amassed even greater fortunes, with an increase of wealth of some […]

In today’s recap, Marcello talks about a new Crypto ban in India that might affect Bitcoin’s recent performance; Kanye West is now the richest africanamerican in the U.S.; and Elon Musk’s The Boring Company is working on a tunnels project in Florida. Bitcoin has fallen over -10% from a record high of over $62K to just over $56K, after it was reported that India will now propose a law banning cryptocurrencies altogether. The total number of bitcoins in circulation over the weekend, […]

In this week’s recap, we found that US stocks were mostly positive, with the Dow achieving a fifth consecutive record up, despite doubts generated by the high national debt in the US, driven by the covid-19 aid package of Biden. Global shares were flat on Friday as benchmark debt yields climbed, helping to curb the latest stimulus-driven rally. Market optimism had helped Asian shares rise with Japan’s Nikkei up +1.7% but were lower in Hong Kong & India. It faded out in […]

In this week’s recap, we’ll talk about the collapse of Tesla’s stocks, how the US Dollar is getting into trouble and how we are witnessing what seems like a second round of the Gamestop vs Robinhood situation. Shares of Tesla up +325% in the past 12 months, fell over -8% on Monday & by Tuesday had fallen some -7% more, to a weekly loss of over -15%, in worst market days since September, thus turning negative for the year, down a total […]

In this week’s recap, we found that global equities generally fell for a third straight session on Thursday, as signs of rising inflation led by higher oil prices and the strongest copper prices in nearly a decade held back reserved traders after stocks hit a record earlier this week. US stocks were also affected by growing inflation concerns, supported by rising new claims for unemployment benefits and negative sales data from some companies. As the price of a Bitcoin passes $57,000, the […]

In this week’s recap, Marcello talks about the effects of Tesla buying a large amount of Bitcoin, how Elon Musk is getting even more bonuses from his performance as Tesla’s CEO, and how Germany’s green electricity generation is being affected by the unfavorable weather. Bitcoin +19.3% to $46,520.00 in the Tuesday U.S. pre-market on 02/09, as the cryptocurrency moves higher, buoyed by a $1.5B investment from Tesla, which has already brought the firm a +37% return on its investment. Rival cryptocurrency Ethereum […]

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 […]

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 […]