Record Cooling Atlantic Ocean, Interest Rate Gods Respond, Warren Buffett Keeps Selling (Recap Ep290)
Release Date: 08/25/2024
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 US Market News, Monday marked the eighth consecutive session of gains for U.S. stocks, with traders anticipating Federal Reserve Chair Jerome Powell’s comments later in the week. The Fed’s latest policy meeting reinforced expectations of a rate cut in September. Powell confirmed that rate cuts are forthcoming but did not specify the timing. Additionally, new data indicated weaknesses in the labor market.
In Conspiracy News, reports suggest the Atlantic Ocean is cooling at a record pace, baffling climate scientists. Concerns are also mounting over high fluoride exposure in children, which has been linked to lower IQ and other neurodevelopmental issues. Notably, toothpaste labels now advise calling emergency services if ingested.
In Bitcoin and Crypto News, Japan’s banks are set to adopt XRP for transactions starting in 2025. This move places Japan at the forefront of digital currency integration, allowing nationwide XRP payments and rewards.
In Commodities and Energy, peace talks in the Middle East are reducing supply risks, while China’s economic weakness poses a threat to demand. Chinese refineries have reduced crude processing rates due to low fuel demand. U.S. crude futures fell 3.01% to $74.34, while Brent futures dropped 2.51% to $77.68. Gold has risen 22% in 2024, reaching an all-time high, with a bar of gold now valued at $1 million.
In Financial and Banking News, China plans to bolster its social security fund by 2.88 trillion yuan ($406 billion) to support its aging population, with 300 million Chinese expected to retire in the next decade. By 2040, half of the people over 65 in the Asia-Pacific region will live in China. Projections indicate China’s pension system could run out of funds by 2035.
In Economic News, Japan’s business activity hit a 15-month high in August, with growth in both manufacturing and services sectors. In the U.S., July home sales ended a four-month decline, with supply increasing by nearly 20% compared to last year.
In Political News, Venezuela’s Supreme Justice Tribunal upheld Nicolás Maduro’s presidential election victory on July 28. Meanwhile, Robert F. Kennedy Jr. withdrew from the presidential race and endorsed Donald Trump.
In Corporate News, Telegram founder Pavel Durov was arrested in France and faces up to 20 years in prison. Warren Buffett’s Berkshire Hathaway sold 13.9 million more major bank shares, reducing its stake to 11.9%.
In Technology, Taiwan’s TSMC, the world’s largest contract chipmaker, opened a new chip plant in Dresden, Germany. This move strengthens TSMC’s position as a key supplier to Europe’s industrial and automotive sectors, supported by 5 billion euros ($5.5 billion) in state aid.
In Interesting Facts, archaeologists discovered a giant rock in the Colombian Amazon with animal paintings dating back to around 12,500 BC. This find offers insights into the diet and mythologies of the continent’s early inhabitants.