Day Trading Blog

In today’s recap, Marcello talks about a new bill that would make mining Bitcoin nearly impossible of it passes; Is the FEMA prepares for an emergency? Jets are landing on highways and a nationwide alert test is on its way. According to the CDC, the 7-day average of daily coronavirus cases in the U.S. reached 72,790 last Friday, surpassing the peak seen last summer, when the nation didn’t have a Covid-19 vaccine. On the other hand, the U.S. has already reached the […]

In today’s Recap, Marcello talks about Tesla’s earning report, how inflation is truly above what the government is saying, and that there might be a food shortage coming due to various natural disasters. For U.S. restaurants, reopening from COVID lockdown has been difficult. They’ve struggled to hire staff, often being forced to offer double-digit pay hikes. Have been hit by cost increases & shortages on all kinds of items. A jump in seafood prices, part of the broader inflationary surge is only […]

In this week’s Recap, Marcello talks about a study that shows that money does bring happiness, extreme weather hitting all over the globe, and some very volatile stocks. Jeff Bezos former CEO of Amazon, who remains the world’s richest person, worth an estimated $205B, went past the edge of space (an altitude of 107 kilometers or 66 miles) above the Earth on Tuesday, aboard the New Shepard rocket owned by his space company, Blue Origin, as part of its 1st human space […]

In today’s recap we talk about the North Pole moving at an alarming rate, new historic highs and riots happening in Cuba. The U.S. S&P 500 as of last Friday was trading at nearly 22 times its projected earnings over the next 12 months, way above a 5-year average of just a bit more than 18. The benchmark index has now rallied +16.73% to date in 2021. 1000’s of Cubans joined street protests from Havana to Santiago on Sunday in the biggest […]

In this week’s recap, we find that U.S. stocks ended the week higher and at record highs after data indicated the U.S. economy is growing at a rapid clip & over the prospect of higher Q2 earnings, at the largest companies. Asian shares were mostly lower, as concerns over the spread of the Delta coronavirus variant have continued to dampen sentiment there. European stocks however moved higher in response to the new lower U.S. unemployment claims. In the U.S. the number of […]

In this week’s recap, we see that global stocks finished mostly higher, with the NASDAQ achieving a record high and the S&P 500 reaching a record close, as investors reacted favorably to President Biden agreeing to a roughly $1T infrastructure plan, in hopes it will further stimulate the economy. Asian shares rose further on Friday, tracking gains from the U.S. on Thursday. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed +0.58%, & the Japanese Nikkei 225 jumped +0.7% in afternoon trading […]

In this week’s recap, we see how most of the world markets ended lower, including the US stock market. U.S. stock futures fell on Friday, as the Dow Jones fell over 300 points down near 1% & is on pace to post its worst week since January, down nearly 2%, as the Federal Reserve added 2 rate hikes to its 2023 forecast & increased its inflation projection for the year. Friday futures for the S&P 500 & Nasdaq were lower by nearly […]

In today’s recap we talk about how El Salvador government says Bitcoin can now be used as a legal tender in the country and a higher-than-expected inflation rate in the U.S U.S inflation shows prices soaring by +5% in May vs a year ago, the biggest increase since the Great Recession of 2008 & 2009. While it may still be distorted by the pandemic, analysts differ on what this means for the U.S. economy. The CPI also showed a gain of +4.2% […]