🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 16 May 2024
📌 Billionaire Frank McCourt Eyes TikTok U.S. Acquisition. Frank McCourt announces plans to bid for TikTok's U.S. operations, emphasizing user data security and platform integrity.
📌 Microsoft Sets Climate Standards for Suppliers. In a push to reduce its environmental impact, Microsoft now requires suppliers to meet specific climate goals to align with its sustainability objectives.
📌 U.S. Inflation Shows Signs of Cooling. Core inflation marks the smallest rise since 2021, boosting market optimism and propelling a stock market rally.
📌 China’s Central Bank Maintains Policy Rates. The People's Bank of China keeps key interest rates unchanged, indicating potential stability in upcoming lending rate decisions.
📌 U.S. Importers Oppose Increased Tariffs on Chinese Products. Retailers and trade groups protest against higher tariffs on goods from China, warning of direct cost impacts on American consumers.
Sources: CNBC, Bloomberg, WSJ
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Date: 16 May 2024
📌 Billionaire Frank McCourt Eyes TikTok U.S. Acquisition. Frank McCourt announces plans to bid for TikTok's U.S. operations, emphasizing user data security and platform integrity.
📌 Microsoft Sets Climate Standards for Suppliers. In a push to reduce its environmental impact, Microsoft now requires suppliers to meet specific climate goals to align with its sustainability objectives.
📌 U.S. Inflation Shows Signs of Cooling. Core inflation marks the smallest rise since 2021, boosting market optimism and propelling a stock market rally.
📌 China’s Central Bank Maintains Policy Rates. The People's Bank of China keeps key interest rates unchanged, indicating potential stability in upcoming lending rate decisions.
📌 U.S. Importers Oppose Increased Tariffs on Chinese Products. Retailers and trade groups protest against higher tariffs on goods from China, warning of direct cost impacts on American consumers.
Sources: CNBC, Bloomberg, WSJ
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Taking responsibility is the first step towards acknowledging what you need to work on. If you are always blaming the markets for your losses, then you will never realise what the real problem is.
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First Live Workshop in 7 Years!
Last week, I re-launched my “Trading Foundation Workshop” for beginners, and it was a great session of learning, helping many new traders take their first trade together.
I will be holding another few sessions:
- 30 May 2024 (Sold out!)
- 11 June 2024 (Filling fast!)
- 09 July 2024
Click here to check availability:
🔥 https://synapsetrading.com/?p=24088
Last week, I re-launched my “Trading Foundation Workshop” for beginners, and it was a great session of learning, helping many new traders take their first trade together.
I will be holding another few sessions:
- 30 May 2024 (Sold out!)
- 11 June 2024 (Filling fast!)
- 09 July 2024
Click here to check availability:
🔥 https://synapsetrading.com/?p=24088
If you are new to trading or are not yet consistently profitable, this 2.5 hour workshop will show you simple strategies that any trader can make can use to make consistent & stress-free monthly profits on any market (stocks, forex, indices, CFDs, cryptocurrencies), with just 15 minutes a day.
Through lecture slides, hand-drawn illustrations, videos, fun and interactive activities, as well as practical chart analysis and live trading, this will be a very unique experience to see the markets in a new light.
Plus, if you have a trading account, you can join us in making some live trades together, to get a firsthand experience of how to place and executes trades while the market is open!
See you soon! 😀
P.S. The next workshop is already fully sold out, so register early to secure your seats for the remaining 2 workshops!
Through lecture slides, hand-drawn illustrations, videos, fun and interactive activities, as well as practical chart analysis and live trading, this will be a very unique experience to see the markets in a new light.
Plus, if you have a trading account, you can join us in making some live trades together, to get a firsthand experience of how to place and executes trades while the market is open!
See you soon! 😀
P.S. The next workshop is already fully sold out, so register early to secure your seats for the remaining 2 workshops!
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 17 May 2024
📌 Figma Valuation Soars to $12.5 Billion. Following the collapse of Adobe's acquisition deal, Figma enables employee share sales at a significant valuation increase from its 2021 fundraising levels, although still below Adobe's previous $20 billion offer.
📌 Gold Prices Dip Amid Dollar Rebound. Despite a recent high, spot gold prices have decreased due to a strengthening dollar, though expectations of a Fed rate cut later this year support near-term optimism.
📌 BT Announces Major Cost Cuts; Shares Jump. British Telecom reveals plans to slash an additional £3 billion in costs after reporting a slight annual revenue increase, boosting its stock significantly.
📌 ECB Notes Improved Financial Stability in Eurozone. With reduced recession risks, the European Central Bank reports a more stable financial outlook for the euro area.
📌 Several Large Corporations Delay Dividend Resumption. Companies like Boeing and Carnival are prioritizing financial recovery over reinstating dividends, likened to a prolonged recovery phase akin to "long-term Covid."
Sources: CNBC, Bloomberg, WSJ
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Date: 17 May 2024
📌 Figma Valuation Soars to $12.5 Billion. Following the collapse of Adobe's acquisition deal, Figma enables employee share sales at a significant valuation increase from its 2021 fundraising levels, although still below Adobe's previous $20 billion offer.
📌 Gold Prices Dip Amid Dollar Rebound. Despite a recent high, spot gold prices have decreased due to a strengthening dollar, though expectations of a Fed rate cut later this year support near-term optimism.
📌 BT Announces Major Cost Cuts; Shares Jump. British Telecom reveals plans to slash an additional £3 billion in costs after reporting a slight annual revenue increase, boosting its stock significantly.
📌 ECB Notes Improved Financial Stability in Eurozone. With reduced recession risks, the European Central Bank reports a more stable financial outlook for the euro area.
📌 Several Large Corporations Delay Dividend Resumption. Companies like Boeing and Carnival are prioritizing financial recovery over reinstating dividends, likened to a prolonged recovery phase akin to "long-term Covid."
Sources: CNBC, Bloomberg, WSJ
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[Trading Guide: The Ultimate Guide to Forex Trading]
In this detailed guide, I have compiled everything you would need to know (even as a complete beginner), on how to start trading forex, and the best strategies, techniques and tools you can use to give you an edge in your forex trading journey.
Read more 👉🏻 https://synapsetrading.com/?p=43627
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In this detailed guide, I have compiled everything you would need to know (even as a complete beginner), on how to start trading forex, and the best strategies, techniques and tools you can use to give you an edge in your forex trading journey.
Read more 👉🏻 https://synapsetrading.com/?p=43627
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Announcement: Our TMP live classroom sessions are back after a 7 year break!
For the past 7 years, I have stopped doing live events (even before Covid) to focus on my trading and supporting my existing students, and our community has been steadily growing.
Now, due to popular demand, I have decided to re-launch my flagship 2-day TMP live training, and as a special bonus, include a lifetime free subscription to my trading signals when you join this program.
Seats are very limited (after a 7 year waiting list lol), so register early to avoid disappointment!
🔥 https://synapsetrading.com/the-synapse-program/
For the past 7 years, I have stopped doing live events (even before Covid) to focus on my trading and supporting my existing students, and our community has been steadily growing.
Now, due to popular demand, I have decided to re-launch my flagship 2-day TMP live training, and as a special bonus, include a lifetime free subscription to my trading signals when you join this program.
Seats are very limited (after a 7 year waiting list lol), so register early to avoid disappointment!
🔥 https://synapsetrading.com/the-synapse-program/
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 18 May 2024
📌 Grab Employs Generative AI for Cost Efficiency. Grab Holdings is leveraging generative AI technology to enhance its cost-reduction strategies, aiming to drive profitability across its Southeast Asian operations.
📌 GameStop Plans Stock Sale Amid Sales Dip. Following an announcement of a projected decline in quarterly revenue, GameStop has filed to potentially sell up to 45 million shares to raise capital.
📌 Utility Stocks Surge Amid AI Demand. The utility sector is experiencing unexpected investor interest due to the high energy demands of AI technologies, marking a shift in the market's perception of these traditionally stable investments.
📌 Musk's X Finalizes Shift From Twitter. Completing a rebranding effort, Elon Musk's social media company has officially changed its URL to X.com, moving away from the well-known Twitter brand.
📌 China Launches Major Effort to Stabilize Housing Market. In response to its prolonged real estate downturn, the Chinese government has introduced significant measures, including mortgage rate adjustments and a $42 billion initiative to purchase unsold properties.
Sources: CNBC, Bloomberg, WSJ
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Date: 18 May 2024
📌 Grab Employs Generative AI for Cost Efficiency. Grab Holdings is leveraging generative AI technology to enhance its cost-reduction strategies, aiming to drive profitability across its Southeast Asian operations.
📌 GameStop Plans Stock Sale Amid Sales Dip. Following an announcement of a projected decline in quarterly revenue, GameStop has filed to potentially sell up to 45 million shares to raise capital.
📌 Utility Stocks Surge Amid AI Demand. The utility sector is experiencing unexpected investor interest due to the high energy demands of AI technologies, marking a shift in the market's perception of these traditionally stable investments.
📌 Musk's X Finalizes Shift From Twitter. Completing a rebranding effort, Elon Musk's social media company has officially changed its URL to X.com, moving away from the well-known Twitter brand.
📌 China Launches Major Effort to Stabilize Housing Market. In response to its prolonged real estate downturn, the Chinese government has introduced significant measures, including mortgage rate adjustments and a $42 billion initiative to purchase unsold properties.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: Is Trading really Risky like Gambling? (How to Trade Like a Casino)]
At first glance, trading appears quite similar to gambling, which is why many people deem it to be risky, with the possibility of huge losses.
However, there is actually one major difference between these two activities.
Read more 👉🏻 https://synapsetrading.com/?p=1288
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At first glance, trading appears quite similar to gambling, which is why many people deem it to be risky, with the possibility of huge losses.
However, there is actually one major difference between these two activities.
Read more 👉🏻 https://synapsetrading.com/?p=1288
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 19 May 2024
📌 GameStop's Stock Plunge Following Share Sale and Sales Drop. GameStop's stock fell 20% as the company announced plans to issue more shares and reported a significant decline in first-quarter sales.
📌 Slowdown in China's Consumer Spending. Retail sales and investment figures in China came in lower than expected. Additionally, the country has launched a six-month program to issue long-term bonds for funding strategic projects.
📌 Netflix Tackles Password Sharing Issues. Greg Peters, Netflix's COO, has successfully addressed the platform's password-sharing problem. His next challenges include expanding live programming, sports, gaming, and refining pricing and advertising strategies.
📌 Resilient Foreign Investment in Vietnam. Despite political upheaval, foreign investment continues to flow into Vietnam, following a record-breaking year in 2023, with major policies expected to remain stable.
📌 Tesla's Ongoing Job Cuts. Tesla is continuing its workforce reduction, with about 600 jobs cut in California as part of a broader plan to decrease its global workforce by over 10%, amidst falling sales and a substantial decline in stock price this year.
Sources: CNBC, Bloomberg, WSJ
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Date: 19 May 2024
📌 GameStop's Stock Plunge Following Share Sale and Sales Drop. GameStop's stock fell 20% as the company announced plans to issue more shares and reported a significant decline in first-quarter sales.
📌 Slowdown in China's Consumer Spending. Retail sales and investment figures in China came in lower than expected. Additionally, the country has launched a six-month program to issue long-term bonds for funding strategic projects.
📌 Netflix Tackles Password Sharing Issues. Greg Peters, Netflix's COO, has successfully addressed the platform's password-sharing problem. His next challenges include expanding live programming, sports, gaming, and refining pricing and advertising strategies.
📌 Resilient Foreign Investment in Vietnam. Despite political upheaval, foreign investment continues to flow into Vietnam, following a record-breaking year in 2023, with major policies expected to remain stable.
📌 Tesla's Ongoing Job Cuts. Tesla is continuing its workforce reduction, with about 600 jobs cut in California as part of a broader plan to decrease its global workforce by over 10%, amidst falling sales and a substantial decline in stock price this year.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: Different Styles of Trading]
There are 3 main styles of trading, and by styles, I mean the way you approach trading, which in turn determines your holding period, timeframe, time commitment, and the products you trade.
Read full post 👉🏻 https://synapsetrading.com/?p=33510
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There are 3 main styles of trading, and by styles, I mean the way you approach trading, which in turn determines your holding period, timeframe, time commitment, and the products you trade.
Read full post 👉🏻 https://synapsetrading.com/?p=33510
Share 🍻 https://www.tg-me.com/synapsetrading
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 20 May 2024
📌 Iranian President's Helicopter Missing After Crash. The helicopter carrying President Ebrahim Raisi and other officials is missing, with search efforts complicated by poor weather conditions.
📌 Trex Expands Amid Housing Renovation Surge. Decking company Trex is investing $450 million in a new Arkansas factory to meet growing demand for home renovations.
📌 Debate Over Tariff Impact on Inflation. President Biden's recent tariff increases on $18 billion worth of Chinese goods has reignited discussions on the economic impact of tariffs and who bears the cost.
📌 Meta's Bold AI Strategy. Meta Platforms, under CEO Mark Zuckerberg, is intensifying its focus on AI by offering its technologies for free, aiming to dominate the AI landscape.
📌 Exclusive Access to SpaceX Shares. Despite high investor demand, SpaceX maintains strict control over who can buy its stock, making it an elusive investment.
Sources: CNBC, Bloomberg, WSJ
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Date: 20 May 2024
📌 Iranian President's Helicopter Missing After Crash. The helicopter carrying President Ebrahim Raisi and other officials is missing, with search efforts complicated by poor weather conditions.
📌 Trex Expands Amid Housing Renovation Surge. Decking company Trex is investing $450 million in a new Arkansas factory to meet growing demand for home renovations.
📌 Debate Over Tariff Impact on Inflation. President Biden's recent tariff increases on $18 billion worth of Chinese goods has reignited discussions on the economic impact of tariffs and who bears the cost.
📌 Meta's Bold AI Strategy. Meta Platforms, under CEO Mark Zuckerberg, is intensifying its focus on AI by offering its technologies for free, aiming to dominate the AI landscape.
📌 Exclusive Access to SpaceX Shares. Despite high investor demand, SpaceX maintains strict control over who can buy its stock, making it an elusive investment.
Sources: CNBC, Bloomberg, WSJ
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If you want to keep improving and doing better, you need to keep track of what you are doing, if not you will just end up repeating the same mistakes over and over again.
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