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 […]
Market Recaps
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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 […]
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 […]
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 […]