On this week’s Recap we talk about the truce in de trade war between the United States and China. The stocks went up to its highest historical level. Also, with the companies in NASDAQ going down it starts to look like the economy is not going as well as they say it is. The G20 reunion boosted the market during this week, but even though everything seemed to get better between the United States and China, the talks between the European Union […]
Market Recaps
Stocks have record June – Gold & Silver Explode (Recap Ep025)
This week on tuesday the Dow and the S&P 500 had their worst day. And in the international markets, the Swiss government forbid the EU access to Switzerland’s stock exchanges. There is a lot of expectative around the results of the G20 summit and the negotiations between the US and China. Bitcoin ends this week with good news reaching 11.000, which means it triplicated its price this year. Oil in the US went up. Gold and silver went up due to the […]
Recap Jun 23: Stocks Hit Record Highs – Gold & Silver explode (Recap Ep024)
On monday the market went up and continued along the week. The S&P 500 closed with a historic high, and the Dow reached record high throughout the day. One of the most relevant news of the week has to do with Mario Draghi, who is the president of the European Central Bank; It started the easiest monetary policy where they devaluate the currency through interests and buy their own debt and assets. Gold went up 6% in the last 30 days, this […]
Facebook Crypto gets investors – Oil Tanker Attacks (like we predicted) (Recap Ep023)
This week we talk about the backing that Facebook is getting for the launch of it’s new cryptocurrency, it’s been backed by 12 firms including Visa, MasterCard, PayPal and Uber, they’re gonna be investing nearly 10 million dollars each in a consortium that’s gonna allow them to govern the digital coin. We also talk about the protest that have been going on in Hong Kong due to a new extradition law that China wants to pass. In case you didn’t know, When […]
Recap Jun 9: Stocks have best week of the year – No Tariffs on Mexico (Recap Ep022)
May was the worst month for the S&P 500 in the U.S. which is the stock exchage that we teach to trade in. It fell more than 6,5%, the DAO fell below 25k and the Nasdaq is now in correction territory, one of the things that impacted the Nasdaq the most were the reports about the U.S. antitrust investigations against Google and Amazon and other big tech companies. On thursday Mexico reported they were gonna send 6k soldiers to the Guatemala/Mexico border […]
Recap June 02 Markets Drop on Trade War Fears – Rare Earth Metals & Mexico (Recap Ep021)
Today we talk about the big news concerning the trade ward this week, China wants to start restricting the sale of rare earth minerals to the United States, and as a response, the U.S. is looking to strengthen its doemstic production of said mineral in order to reduce its reliance on China. Also, this week Trump said he wants to impose tariffs on Mexico if they don’t help stop the illegal immigration to the United States, this has been one of the […]
Recap May 26: Trade War Explodes w/ Huawei – Modi wins Re-Election in India (Recap Ep020)
This week what has dominated the news has been the trade war between the U.S. and China and what Trump made with Huawei’s stock. The markets went down on monday due to this, and all of this is going to increase the “hell” that is the trade war between these two countries. On monday the markets went up due to some good information and economic numbers that came out, but they went back down on wednesday and thursday due to the trade […]
Recap May 19: $1.2 Billion Fine Forex Manipulation – Microsoft starts Blockchain (Recap Ep019)
Today we talk about the big news of the week, which is the trade war between China an United States, Trump raised the tariffs up to 25% and China retaliated. This caused some chaos and is what most of all afected the markets internationally, due to this newes the markets plunged on monday, the DAO and S&P 500 had the worst day since january 3rd, the NASDAQ had its worst day since 2019 and had its biggest one day drop since December […]
Recap May 12: $1.2 Billion Stolen in Cryptos – Trade War Returns (Recap Ep018)
This week the markets were affected by the situation between China and the USA, the so-called Trade War where the USA intends to apply custom tariffs by 25% to the products of the Asian country that enter the United States and create new retaliations of the Chinese country. The Bitcoin went up 10.99% $ 6,300.45 cents; the news with cryptocurrencies did not finish there. Its security was violated when one of the largest stock exchanges of cryptocurrencies was hacked. 7,000 Bitcoins were […]
Recap May 5: Stocks at Record Highs – Warren Buffet Another Bad Investment (Recap Ep017)
This week had a positive closure. S&P500 & NASDAQ closed at record highs. Chase Bank & Microsoft will start using blockchain technology. One of the future implementations would be for new pay systems. This made Bitcoin rise 5.43% to 5,671.86 In financial news. The ICI dollar index has reached its highest level in the last years thanks to the good american economy. Europe’s oil refineries cut the supply purchase from Russia, reducing oil import in 10%, due to oil contamination. Because of […]