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In today’s recap, Marcello talks about Bitcoin surging past $100,000 for the first time, driven by optimism about President-elect Donald Trump creating a regulatory environment that supports cryptocurrencies. U.S. stock markets reached record highs this week as better than expected tech earnings boosted investor confidence, with companies highlighting the impact of artificial intelligence on their results. Meanwhile, Syria has officially fallen, and President Assad has been granted asylum in Russia. In response, Israel has launched strikes targeting military bases, defense systems, and government facilities, leaving critical infrastructure in ruins. Bitcoin rose above $100,000 for the 1st time on Thursday rising over 4% to over $103K, as the election of Republican Trump as president of the United States spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies. Bitcoin has more than doubled in value this year & is up about 35% in the 4 weeks since Trump’s sweeping election victory, which also saw a slew of pro-crypto lawmakers being elected to Congress. Stellantis, the world’s fourth-largest carmaker headquartered in the Netherlands, saw its shares tumble 6.29% on Monday to $12.37 following the unexpected resignation of CEO Carlos Tavares. The company cited “increasingly different views” between Tavares and the board of directors as the reason for his abrupt departure, which was accepted on Sunday and took effect immediately. Stellantis stock has faced a challenging year, down 20.80% over the past three months, 45.39% year-to-date, and 43.50% year-over-year, leaving the company with a market capitalization of $37.21 billion. The manufacturing sectors in both the EU and UK continued to show signs of weakness in November, reflecting broader economic challenges. The Eurozone manufacturing PMI highlighted an accelerated decline in new factory orders, production, purchasing activity, and inventories. Employment in the sector also suffered, posting its sharpest drop since August 2020, with Germany and Austria experiencing the most significant job losses. South Korean opposition lawmakers said on Thursday they would vote this weekend to impeach President Yoon Suk Yeol for his botched attempt to impose martial law & police said they were investigating claims of treason against him & top ministers. Yoon’s declaration of martial law late on Tuesday, sought to consolidate power, ban political activity & censor the media. It sparked outrage in the streets & concern among South Korea’s international allies. The defense minister, who recommended the move, has resigned. Oil prices fell over -1% Friday & cemented weekly losses, as analysts projected a supply surplus next year on weak demand despite an OPEC+ decision to delay output hikes & extend deep production cuts to the end of 2026. A rising number oil & gas rigs deployed in the U.S. this week, pointing to rising production from the world’s biggest crude producer, also pushed prices lower. Energy Services firm Baker Hughes said oil rigs rose by 5 to 482 this week, highest level since mid-Oct, while gas rigs rose by 2 to 102, highest since early Nov, growing for the 1st time in 8 weeks. U.S. West Texas Intermediate January futures fell -1.61% at $67.20 per barrel. The post December 8: Bitcoin hits $100,000, Record Highs Stocks, Syria falls (Recap ep299) [https://daytradingacademy.com/december-8-bitcoin-hits-100000-record-highs-stocks-syria-falls-recap-ep299/] appeared first on Investing & Day Trading Education: Day Trading Academy [https://daytradingacademy.com].

In today’s recap, Marcello talks about coffee prices hitting their highest levels since 1977, driven by record-breaking droughts in Brazil and Vietnam. U.S. stock markets had their best month of the year in November, capped by a Thanksgiving holiday break. Meanwhile, Germany has made headlines with a stark warning to corporations to “prepare for war,” adding a dramatic geopolitical twist to an already eventful week. U.S. stock markets posted their biggest monthly gains this year in November, as chip stocks rallied on Friday, after it was reported that the outgoing Biden administration was considering additional barriers on the sale of semiconductor equipment to China, that weren’t as strong as previously expected. The S&P 500 & Dow rose modestly to close at records in a holiday-shortened session. Dow +0.42% (+188.59) at 44,910.65, at a new intraday high. S&P 500 +0.56% (+33.64) at 6,032.38, a new all time high. NASDAQ +0.83% (+157.69) at 19,218.17. India’s economy is forecast to expand by +6.5% in its 2nd fiscal quarter, according to economists. Should the figure prove accurate, the country would see its slowest year-on-year quarterly growth since the quarter ended March 2023. India’s economy had expanded by +6.7% in the 1st fiscal quarter. The +6.5% estimate is below the Reserve Bank of India’s forecast of +7% made in October. Agriculture makes up over +18% of India’s GDP. The U.S. PC maker Dell Technologies shares -12.25% on Wednesday at $124.30, after the firm reported a revenue miss & forecast Q4 revenue & earnings below analyst expectations. Dell came in at $24.37B in revenue for the quarter, a/y/y increase of +9.5%. EPS of $2.15 vs $1.88 a year ago. The reported revenue represents a surprise of -0.79% over the analyst estimate of $24.56B. With the consensus EPS estimate being $2.06, a surprise hike +4.37%. Before Tuesday evening’s earnings report, investors saw the firm as one of the most important companies selling tools & systems for artificial intelligence developers. The post December 1: Coffee hit record highs, Stocks Best Month This Year, Germany says prepare for War (Recap ep298) [https://daytradingacademy.com/december-1-coffee-hit-record-highs-stocks-best-month-this-year-germany-says-prepare-for-war-recap-ep298/] appeared first on Investing & Day Trading Education: Day Trading Academy [https://daytradingacademy.com].

In today’s Recap, Marcello talks about how Donald Trump has returned to the White House, ushering in a new era as Republicans secure control of both the Senate and House. His early actions include accepting a call from Vladimir Putin to discuss ending the war in Ukraine, while Qatar orders Hamas officials to leave the country. Meanwhile, the United States faces an unprecedented drought crisis, impacting nearly all states, over 150 million people, and 318 million acres of crops after a record-breaking summer heatwave. On a brighter note, Bitcoin has exploded to a historic high of $93,445, surpassing silver to become the world’s 8th largest asset. Republicans have finally won enough seats to control the U.S. House of Representatives with 218 votes out of 435, with 9 seats still undecided, thus completing the party’s sweep into power & securing their hold on the U.S. government, alongside President-elect Donald Trump. A House Republican victory in Arizona, alongside a win in slow-counting California earlier Wednesday, gave the GOP the House the seats necessary that make up the majority. House Democrats now control 211 seats. Republicans earlier gained control of the Senate from Democrats with 53 seats versus 47. With control of both houses of Congress, the Trump agenda is likely to be enacted rather quickly in 2025. The U.S. dollar index, which measures the currency against six top counterparts including the yen, rose to 106.75, its highest level in one year, as investors expect Trump’s policies to delay the Federal Reserve’s pace of cutting rates. It was reported on Friday, that Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50B valuation. Sources say that the funding, which should close early next week, is a combination of $5B expected from sovereign funds in the Middle East & $1B from other investors, some who may want to be re-upping their investments. The money will be used to acquire 100K Nvidia chips, per sources familiar with the situation, which will likely have a measurable impact on improvements to Tesla’s Full Self Driving. Spain’s Deoleo, world’s largest olive oil producer, says one of the most challenging eras in the industry’s history seems to be drawing to a close, with prices expected to nearly halve from an all-time high over the coming months. A prolonged period of extreme weather & drought in southern Europe has severely impacted olive harvests in recent years, culminating in a price rally that shocked the industry & consumers. Prices have since cooled, however, as industry estimates point to significantly improved harvests in the 2024-2025 season, particularly in key producing countries such as Spain, Greece & Tunisia. Latin American poverty levels in 2023 fell to a 33-year low, led by progress in Brazil, the United Nations’ Economic Commission for Latin America & the Caribbean (ECLAC) said in a report on Tuesday, even as severe inequality persists in the region. ECLAC said Latin America is marked by high inequality, limited social mobility & weak social cohesion, underpinned by inadequate social policies & weak protection systems. Over 170M people in the region are affected by poverty, particularly in Haiti, Nicaragua, & Honduras. The post November 17: New Trump Era, Entire United States in drought, Bitcoin explodes (Recap ep297) [https://daytradingacademy.com/november-17-new-trump-era-entire-united-states-in-drought-bitcoin-explodes-recap-ep297/] appeared first on Investing & Day Trading Education: Day Trading Academy [https://daytradingacademy.com].

In today’s Recap, Marcello talks to us about how Europe is facing a tough mix of crises, with both weather and economic warnings piling up. In Spain, record-breaking rainfall in Valencia flooded streets, destroyed homes, and left dozens dead, marking one of Europe’s worst floods in years. As citizens continue to search for the missing, the EU is urging people to stock up on supplies, cautioning that many countries aren’t ready for a prolonged emergency. At the same time, Warren Buffett’s Berkshire Hathaway has sparked concern by selling a large chunk of its Apple shares, hinting at possible stormy waters ahead for the markets. Meteorologists said a year’s worth of rain had fallen in 8 hours in parts of Valencia, Spain on Tuesday. Residents described seeing people clambering onto the roofs of their cars, as a churning tide of brown water gushed through the streets, uprooting trees & dragging away chunks of masonry from buildings. In the hard-hit rural town of Utiel, some 85 km (53 miles) inland, the Magro river burst its banks, sending up to three metres (9.8 feet) of water into homes, which are mostly single-storey. The floods have also wrecked crops and killed livestock. Spanish rescue teams scoured flooded homes & stranded cars on Thursday for those still missing after devastating floods in the Valencia region that killed at least 95 people, with forecasts of more bad weather prompting storm alerts further north. Local authorities have not disclosed how many people are still unaccounted for after Europe’s deadliest floods in years,The floods battered Valencia’s infrastructure, sweeping away bridges, roads & rail tracks as well as submerging farmland in a region that produces about 2/3 of the citrus fruit grown in Spain, a leading global exporter of oranges. The U.S. cryptocurrency exchange platform Coinbase fell -15.34% on Thursday at $179.25, in the worst day in over 2 year, after posting a Q3 earnings & revenue miss. Coinbase’s revenue came in at $1.21B, while analysts anticipated a top line figure of $1.26B. The stock is down -9.44% in the past 3 months, but up +6.45% in 2024 & +115.78% y/y, with a market cap of $44.88B. The most recent jobs report offered a final look at the U.S. labor market ahead of next week’s election. The economy added a mere 12,000 jobs. The softer than expected October jobs report made traders more confident that the Federal Reserve will cut interest rates at both of its remaining policy meetings this year, rather than remaining passive. Crude oil prices slightly rose on Friday, on reports that Iran is planning another attack on Israel through proxies. Despite the rebound, prices are still headed for modest weekly losses, due to widespread concerns over a weaker demand outlook & an oversupplied market in 2025, with traders waiting to see if OPEC+ will stick to its plan to start hiking output in December. The e-commerce giant stock Amazon surged +6.19% on Friday at $197.93 on Q3 results that beat analysts’ expectations. The firm said on Thursday that it expects revenue in a range of $181.5B to $188.5B in Q4. Analysts had forecast $186.36B in revenue for the quarter. Amazon said operating income is expected to be between $16B & $20B during Q4. Wall Street had projected $17.49B. In Q3, Amazon posted earnings per share of $1.43 on revenue of $158.9B. Analysts had expected EPS of $1.16 on revenue of $157.29B. The firms’s cloud segment, Amazon Web Services, grew +19% y/y for the quarter. Shares are up +17.89% in the past 3 months, +30.27% in 2024 & +42.81% y/y, with a market cap of $2.08T. A tax amnesty program in Argentina encouraging residents to deposit foreign currency kept in their homes or saved in accounts abroad drew around $18B by an initial deadline on Thursday, an official said. Libertarian President Javier Milei rolled out the plan earlier this year, to draw much-needed dollars back to Argentina’s formal economy, as it deals with a shortage of foreign currency reserves, amid a technical recession. The deposits are seen as signs of a vote of confidence in Milei’s leadershi,p as his austerity measures have helped bring down month-on-month inflation to single-digit figures. Annual inflation, however, remains in the triple digits. Ukraine is using dozens of domestically made AI-augmented systems for its drones to reach targets on the battlefield without being piloted, a senior official said, disclosing new details about the race against Russia to harness automation. Systems that use artificial intelligence allow cheap drones carrying explosives to spot or fly to their targets in areas protected by extensive signal jamming, which has reduced the effectiveness of manually piloted drones. Researchers have recently uncovered a secret Mayan city in Mexico which once featured an urban landscape of over 6,500 structures. The scientific team used lidar technology to create 3-dimensional models across 50 miles of land in Campeche, allowing them to map areas, not visible to the naked eye. The method revealed a 21-square-mile metropolis with iconic stone pyramids, houses & other infrastructure that have been concealed for over 3,000 years. The post November 3: EU Warns to prepare emergency, Warren Buffet shows chaos ahead, Spain floods (Recap ep296) [https://daytradingacademy.com/november-3-eu-warns-to-prepare-emergency-warren-buffet-shows-chaos-ahead-spain-floods-recap-ep296/] appeared first on Investing & Day Trading Education: Day Trading Academy [https://daytradingacademy.com].

In this week’s Recap, Marcello tells us how Tesla is making headlines with the launch of its new robots, driverless taxi, and driverless van, showcasing advancements in AI and automation. Meanwhile, Warren Buffett continues his massive sell-off, shedding billions of dollars in stocks over the past few months, signaling caution in the markets. And in the world of media, Joe Rogan’s highly anticipated interview with Donald Trump has sparked conversations about politics, media, and the future of the U.S. Hurricane Milton marched across Florida starting on Wednesday & into Thursday, as the storm hit Florida’s west coast as a Category 3 hurricane, whipping up deadly tornadoes, destroying homes & knocking out power to 3.3M customers, but the Tampa Bay metropolitan area appeared to have escaped without the catastrophic flooding that had been feared. Authorities were still waiting for rivers to crest, but so far water levels were at or below what they received with Hurricane Helene 2 weeks ago. Trump Media & Technology Group, the parent firm of Donald Trump’s Truth Social, rose 18.54% on Tuesday at $21.80, up for a 4th session of gains, in the longest rally since June, as investors assess Elon Musk support & latest media appearances by VP Harris as the Democratic nominee for president. More than 45M DJT shares were exchanged Tuesday, more than tripling its 30-day average volume. Trump owns nearly 57% of Trump Media, in a stake worth almost $2.5B as of Tuesday, gaining near $400M in valuation for the former president, who has vowed not to sell his shares. The stock is up +37.89% in the past 5 days & +30.70% in the past month. European stock markets were higher on Friday,at more than a 1-week high as investors shifted their focus to updates on China’s stimulus plans, corporate earnings and an interest rate decision by the European Central Bank. Traders were also digesting the return of growth in the U.K. for the month of August & the posting on Thursday of France’s national budget. Shares of the U.S. based electric vehicle (EV) maker Tesla fell -8.78% on Friday at $217.80, after its robotaxi event underwhelmed investors. Morgan Stanley analysts noted that the event overall disappointed expectations, due to a lack of details in several areas, including how the company is going to compete against ride-sharing companies, like Lyft & Uber. Shares of those firms jumped following the event, with Lyft surging +9.59% at $13.60 & Uber gaining +10.81% at $86.34. Tesla stock is down -12.26% in the past 3 months, -12.35% in 2024 & -13.27% y/y, with a market cap of $695.79B. The post October 13: Tesla launches Robots, Warren Buffet Keeps selling, Joe Rogan interviews Trump (Recap ep295) [https://daytradingacademy.com/october-13-tesla-launches-robots-warren-buffet-keeps-selling-joe-rogan-interviews-trump-recap-ep295/] appeared first on Investing & Day Trading Education: Day Trading Academy [https://daytradingacademy.com].