Elon Musk sued insider trading, Fauci said no science in pandemic, record corporate buybacks (Recap ep280)
Release Date: 06/03/2024
Trump/Musk give $5,000 check Doge savings, Egg Prices All Time High, Stocks tank (Recap ep304)
Day Trading Academy Podcast
This week, Marcello talks about how Trump and Elon Musk are considering sending $5,000 checks to U.S. taxpayers, thanks to savings detected by DOGE in the government's payment system. Meanwhile, the stock market suffered its worst day of 2025, losing nearly $1 trillion. In the food sector, egg prices hit a new all-time high in the U.S. U.S. markets closed the week with sharp declines. Trump is considering imposing tariffs of 25% or more on cars, semiconductors, and medicines, negatively impacting those sectors. Microsoft, on the other hand, rose 1.25% after unveiling its first-ever quantum...
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Elon Musk offers buy OpenAI, Ukraine war over?, Inflation higher than expected (Recap ep303)
Day Trading Academy Podcast
This week, Marcello talks about a group led by Elon Musk offering $97.4 billion to buy the nonprofit controlling OpenAI, though Sam Altman turned down the bid and countered with an offer to buy Twitter for $9 billion. Inflation came in higher than expected at 3%, reinforcing the Federal Reserve’s stance to hold off on interest rate cuts for now. Meanwhile, Donald Trump has been in talks with both Vladimir Putin and Volodymyr Zelenskiy, raising questions about whether the war in Ukraine could soon come to an end. U.S. President Trump's trade advisers were finalizing plans on Wednesday, for...
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US AID govt Corruption, Trump Tariff War Pause, Gold Record Highs (Recap ep302)
Day Trading Academy Podcast
This week, Marcello talks about how U.S. aid money is once again under scrutiny, with growing concerns over corruption and mismanagement. Meanwhile, Trump hit the brakes on his trade war (at least for now) pausing new tariffs on Mexico and Canada, which sent markets swinging. And gold? It just smashed through record highs, climbing past $2,900 an ounce as investors scramble for safe-haven assets. Markets had a wild start to the week after Trump’s tariff threats. The Dow slid 0.99% to 44,303.40, the S&P 500 dropped 0.95% to 6,025.99, and the NASDAQ took the biggest hit, down 1.36% to...
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Tariff Wars Begin, Planes Crashing Everywhere, Deepseek China AI War starts (Recap Ep301)
Day Trading Academy Podcast
This week in the U.S. market, tech stocks tumbled as China’s DeepSeek AI model emerged as a major competitor, training at a fraction of the cost of U.S. rivals. Nvidia, which has dominated AI chip production, saw a staggering 17% drop. Markets also reacted to the Federal Reserve’s decision to pause its recent stretch of interest rate cuts, signaling that further reductions may not be imminent. Additionally, former President Trump reignited trade war concerns by reiterating a 25% tariff on imports from both Canada and Mexico. Meanwhile, Bitcoin dipped below $100,000, marking its lowest...
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New Year, New President, New Trump Meme Coin (Recap ep300)
Day Trading Academy Podcast
In today's recap, Marcello talks about the dawn of a new year bringing big changes, with a new president in office and the launch of a Trump-themed cryptocurrency making waves in the markets. The newly created Trump Meme Coin has skyrocketed to nearly $12 billion in market value, while Melania Trump’s own crypto project has added to the buzz with a $1.9 billion debut. Stay tuned as we dive into how these developments are shaping the start of the year. Cryptocurrencies tied to President Donald Trump made headlines this week with remarkable market activity. Trump's newly created cryptocurrency...
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Bitcoin hits $100,000, Record Highs Stocks, Syria falls (Recap ep299)
Day Trading Academy Podcast
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...
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Coffee hit record highs, Stocks Best Month This Year, Germany says prepare for War (Recap ep298)
Day Trading Academy Podcast
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...
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New Trump Era, Entire United States in drought, Bitcoin explodes (Recap ep297)
Day Trading Academy Podcast
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,...
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EU Warns to prepare emergency, Warren Buffet shows chaos ahead, Spain floods (Recap ep296)
Day Trading Academy Podcast
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...
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Tesla launches Robots, Warren Buffet Keeps selling, Joe Rogan interviews Trump (Recap ep295)
Day Trading Academy Podcast
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...
info_outlineIn today's Recap, Marcello talks about how Elon Musk, the maverick CEO of Tesla and SpaceX, finds himself embroiled in an insider trading lawsuit. Meanwhile, Dr. Anthony Fauci, the prominent face of America's pandemic response, has made a striking statement dismissing the role of science during the pandemic, confessing he 'made up' certain COVID-19 rules, including six feet social distancing and masking kids. Adding to the economic buzz, corporate America is witnessing a record surge in stock buybacks, with 154 companies announcing a total of $201 billion in buybacks in May alone. This all-time high, including Apple's record-breaking $110 billion buyback program, suggests strong corporate confidence in future earnings.
Ghana, world's 2nd-largest cocoa producer after Ivory Coast cocoa regulator (COCOBOD) will borrow up to $1.5B by Sept, to finance 2024/25 cocoa purchases & compensate for low output. Ghana uses an annual syndicated loan to finance bean purchases from farmers. It is usually agreed at the start of the season in Sept. But this year's $800M loan faced delays due to low cocoa output.COCOBOD has withdrawn $600M & cancelled the remainder as season's 2023/24 cocoa output is seen near 40% below forecast & thus unable to guarantee the full loan. Cocoa production has been affected by adverse weather, disease & cocoa smuggling.
Former President Trump became the 1st former U.S. executive to be convicted of a crime on Thursday, when a New York jury found him guilty of falsifying documents to cover up a payment to silence a porn star ahead of the 2016 election. The verdict plunges the United States into unexplored territory ahead of the November vote, when Trump will try to win back the Presidency from Biden. Trump, 77, has denied wrongdoing & is expected to appeal. It is not clear whether the electorate will be influenced by the verdict, with Trump ahead in most of the swing states, which ultimately will determine the election.
German business sentiment was stagnant for the month of May, a survey by the country’s Ifo Institute found, after 3 consecutive months of improvements. The ifo Business Climate Index in May stayed at 89.3 points. Companies were less satisfied with their current business situation, but expectations brightened, the Institute’s report read. It fell short of the analyst forecast of 90.4 Manufacturing, trade & construction are seeing recovery, while services fell slightly, according to the report.