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 […]
Market Recaps
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 […]
Recap December 22: Record Highs & Trump “sorta” Impeached (Recap Ep050)
In the recap of this week, we found that world stocks hovered just off record highs after climbing for 5 consecutive sessions, while U.K.’s pound had heavy losses in the wake of renewed Brexit uncertainty. The latest survey of fund managers showed that a record surge in global growth expectations over the last 2 months, has drastically cut recession worries. U.S President Trump became the 3rd American leader in history to be impeached by the U.S. House of Representatives. Since the vote […]
Recap December 15: China & USA Agreement – Brexit. HUGE win (Recap Ep049)
This week’s recap was marked by two main facts: The great advance of the agreements between China and the United States to end the trade war, and the elections in the United Kingdom. Stocks around the world soared across the board Friday, on news of an imminent trade deal between the U.S. & China, as well as the end to the U.K. Brexit impasse. Investors now have far more certainty, in what has already been, a banner year for global markets, especially […]
Recap December 8: Stocks 1% From Highs – Cyber Monday & Black Friday Record (Recap : Ep 048)
In today’s recap we bring you some of the news of the week, we tell you about how this week’s Cyber Monday in the U.S. set all kinds of sales records, including one that has become something of an annual tradition: It was Amazon’s biggest shopping day in the company’s history. Cyber Monday registered a total of $9.2B in sales, a spike of nearly 17% over 2018. Shopping on smartphones accounted for 33% of those sales, an increase of 46% vs the […]
Recap December 1: New Highs in Stock Market – BRICS Plan Digital Currency (Recap Ep047)
On this week’s Recap. New Highs this past Tuesday and Wednesday with a resilient stats for the economy, thanks to the investor optimism during the resolutions of the US/China trade war. Trump supports the Hong Kong protestors, this might complicate the trade talks. Dollar went up significantly. There’s a structural change for China as many companies decided to move their production lines to Vietnam. DAO up to 0.63%, SMP500 up 1%, NASDAQ 1,70% World stocks hit a high in nearly two years […]