π DAILY NEWS HIGHLIGHTS! π
Date: 25 May 2024
π Canada Border Agents Threaten June Strike, Risking Billions in Cross-Border Trade
The border agent threat poses the latest risk this summer to the U.S.-Canada supply chain network.
π The Hidden Driver of Soaring Home Insurance Costs
A looming round of reinsurance renewals could signal a slowdown in premium increases.
π GameStop Raises $933 Million from Past Week of Stock Sales
GameStop has completed the share offering it launched a week ago in the wake of a stock rally, selling the maximum number of shares it had registered for $933.4 million in proceeds.
π Biden to End Tariff Exclusions on Hundreds of Chinese Products
It's part of a broader plan to increase duties in strategic sectors and protect American manufacturing.
π The Rise and Fall of Simon Sadler's Segantii, One of Asia's Most Successful Hedge Funds
A criminal charge triggers the shutting of a 16-year-old fund with returns long envied by the industry.
Sources: CNBC, Bloomberg, WSJ
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Date: 25 May 2024
π Canada Border Agents Threaten June Strike, Risking Billions in Cross-Border Trade
The border agent threat poses the latest risk this summer to the U.S.-Canada supply chain network.
π The Hidden Driver of Soaring Home Insurance Costs
A looming round of reinsurance renewals could signal a slowdown in premium increases.
π GameStop Raises $933 Million from Past Week of Stock Sales
GameStop has completed the share offering it launched a week ago in the wake of a stock rally, selling the maximum number of shares it had registered for $933.4 million in proceeds.
π Biden to End Tariff Exclusions on Hundreds of Chinese Products
It's part of a broader plan to increase duties in strategic sectors and protect American manufacturing.
π The Rise and Fall of Simon Sadler's Segantii, One of Asia's Most Successful Hedge Funds
A criminal charge triggers the shutting of a 16-year-old fund with returns long envied by the industry.
Sources: CNBC, Bloomberg, WSJ
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[Trading Guide: 500+ Best Trading Tips & Quotes from Legendary Top Traders]
One of the best way to master a skill is to learn from the very best in the field, by tapping on their words of wisdom and profound insights.
Which is why we have compiled all the best trading & investing advice all in one place, for your easy reference.
Read more ππ» https://synapsetrading.com/?p=35681
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One of the best way to master a skill is to learn from the very best in the field, by tapping on their words of wisdom and profound insights.
Which is why we have compiled all the best trading & investing advice all in one place, for your easy reference.
Read more ππ» https://synapsetrading.com/?p=35681
Share π» https://www.tg-me.com/synapsetrading
Hi, this is Spencer, founder of Synapse Trading, and I have been trading and teaching for more then 15 years, having trained hundreds of traders by making complex concepts easy for beginners.
If you are new to trading or are unprofitable so far, this 2.5 hour workshop will show you simple and stress-free trading strategies which you can apply with just 15 minutes a day, and use it on any market or product you want to trade.
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!
Click here to check availability:
π₯ https://synapsetrading.com/?p=24088
If you are new to trading or are unprofitable so far, this 2.5 hour workshop will show you simple and stress-free trading strategies which you can apply with just 15 minutes a day, and use it on any market or product you want to trade.
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!
Click here to check availability:
π₯ https://synapsetrading.com/?p=24088
Here is some feedback from past attendees:
βIβve learnt more than what was taught in financial trading modules in school.β β Samantha
βGood trading mindset & mentality, good pace, good quality PowerPoints. Highly recommended for learning good habits and fundamentals.β β Zhong Jinhao
βThe workshop was worth much more than the face value it has! It has a small cost to learn so much and gain new insights. Spencer was also very honest and did not try to hard sell.β β Ryan
βI find Spencer is very humble and sincere in sharing his knowledge & skills. He is so wise and wants to make a positive difference in peopleβs lives!β β Diana Ang
βSpencer is really earnest and you can sense that he really wants to teach. He presents a realistic picture of what is needed to trade.β β Matthew
Click here to check availability:
π₯ https://synapsetrading.com/?p=24088
βIβve learnt more than what was taught in financial trading modules in school.β β Samantha
βGood trading mindset & mentality, good pace, good quality PowerPoints. Highly recommended for learning good habits and fundamentals.β β Zhong Jinhao
βThe workshop was worth much more than the face value it has! It has a small cost to learn so much and gain new insights. Spencer was also very honest and did not try to hard sell.β β Ryan
βI find Spencer is very humble and sincere in sharing his knowledge & skills. He is so wise and wants to make a positive difference in peopleβs lives!β β Diana Ang
βSpencer is really earnest and you can sense that he really wants to teach. He presents a realistic picture of what is needed to trade.β β Matthew
Click here to check availability:
π₯ https://synapsetrading.com/?p=24088
π DAILY NEWS HIGHLIGHTS! π
Date: 26 May 2024
π Rise of Resort Day Passes Offers Travelers Luxury on a Budget
ResortPass, holding a 95% share of the day-guest market, partners with over 1,300 luxury hotels, including Waldorf-Astoria, JW Marriott, and Fontainebleau.
π The Hidden Driver of Soaring Home Insurance Costs
A looming round of reinsurance renewals could signal a slowdown in premium increases.
π Gaza Cease-Fire Talks Could Restart as Pressure Increases on Israel
Progress follows the International Court of Justice's order for Israel to halt operations in Rafah.
π Chat Xi PT? Chinaβs Chatbot Makes Sure Itβs a Good Comrade. In China, where AI developers work under strict regulations, a new chatbot has been trained on texts that include leader Xi Jinpingβs signature political philosophy.
π G-7 Show of Unity Threatens Trade Escalation with China
At their meeting in Stresa, Italy, G-7 ministers and central bankers united against China, raising concerns about trade escalation.
Sources: CNBC, Bloomberg, WSJ
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Date: 26 May 2024
π Rise of Resort Day Passes Offers Travelers Luxury on a Budget
ResortPass, holding a 95% share of the day-guest market, partners with over 1,300 luxury hotels, including Waldorf-Astoria, JW Marriott, and Fontainebleau.
π The Hidden Driver of Soaring Home Insurance Costs
A looming round of reinsurance renewals could signal a slowdown in premium increases.
π Gaza Cease-Fire Talks Could Restart as Pressure Increases on Israel
Progress follows the International Court of Justice's order for Israel to halt operations in Rafah.
π Chat Xi PT? Chinaβs Chatbot Makes Sure Itβs a Good Comrade. In China, where AI developers work under strict regulations, a new chatbot has been trained on texts that include leader Xi Jinpingβs signature political philosophy.
π G-7 Show of Unity Threatens Trade Escalation with China
At their meeting in Stresa, Italy, G-7 ministers and central bankers united against China, raising concerns about trade escalation.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: What is Minimalism? (7 Practical Ways to Apply it in Your Life!)]
Minimalism is a lifestyle & philosophy that emphasizes simplicity, minimalism, and mindfulness in all aspects of life.
In this post, I will cover the benefits & practical ways you can apply it in your life, and how it ties in with spiritual development.
Read more ππ» https://synapsetrading.com/?p=45344
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Minimalism is a lifestyle & philosophy that emphasizes simplicity, minimalism, and mindfulness in all aspects of life.
In this post, I will cover the benefits & practical ways you can apply it in your life, and how it ties in with spiritual development.
Read more ππ» https://synapsetrading.com/?p=45344
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π DAILY NEWS HIGHLIGHTS! π
Date: 27 May 2024
π Tech Workers Retool for Artificial-Intelligence Boom
Individuals are enhancing their skills through boot camps and updating rΓ©sumΓ©s to secure jobs in the burgeoning AI sector.
π Twelve Injured in Turbulence on Qatar Airways Flight to Dublin
Passengers and crew suffered minor injuries due to severe turbulence on a Boeing 787 flight from Doha.
π US Lawmakers, Nvidia Boss Visit Taiwan After Chinese Drills
US accusations of Chinese military provocations coincide with the arrival of Michael McCaul and Jensen Huang in Taiwan.
π Wartime Inflation and Fed Pause Keep Israeli Rate Cuts Off Table
Israel's central bank is expected to maintain its key rate amid economic impacts from ongoing regional conflicts.
π France to Trim Benefits for Jobless as Debt Pressure Mounts
As part of fiscal consolidation, Prime Minister Attal announces plans to reduce unemployment benefits, following IMF warnings.
Sources: CNBC, Bloomberg, WSJ
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Date: 27 May 2024
π Tech Workers Retool for Artificial-Intelligence Boom
Individuals are enhancing their skills through boot camps and updating rΓ©sumΓ©s to secure jobs in the burgeoning AI sector.
π Twelve Injured in Turbulence on Qatar Airways Flight to Dublin
Passengers and crew suffered minor injuries due to severe turbulence on a Boeing 787 flight from Doha.
π US Lawmakers, Nvidia Boss Visit Taiwan After Chinese Drills
US accusations of Chinese military provocations coincide with the arrival of Michael McCaul and Jensen Huang in Taiwan.
π Wartime Inflation and Fed Pause Keep Israeli Rate Cuts Off Table
Israel's central bank is expected to maintain its key rate amid economic impacts from ongoing regional conflicts.
π France to Trim Benefits for Jobless as Debt Pressure Mounts
As part of fiscal consolidation, Prime Minister Attal announces plans to reduce unemployment benefits, following IMF warnings.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: How to Create a Trading Journal]
As you start your trading journey, one very important habit to cultivate is to have a trading journal to record your journey, review your trades and find ways to improve your results.
Read full post ππ» https://synapsetrading.com/?p=37113
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As you start your trading journey, one very important habit to cultivate is to have a trading journal to record your journey, review your trades and find ways to improve your results.
Read full post ππ» https://synapsetrading.com/?p=37113
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π DAILY NEWS HIGHLIGHTS! π
Date: 28 May 2024
π China calls on Japan and South Korea to reject βprotectionismβ in trilateral summit. China urged Japan and South Korea on Monday to reject βprotectionismβ and uphold free trade as the countries met in a trilateral summit in Seoul.
π The Hidden Driver of Soaring Home Insurance Costs. A looming round of reinsurance renewals could signal a slowdown in premium increases..
π America Is Getting Ready for Space Warfare. Pentagon officials are opening up about potential threats as Chinaβs presence in orbit grows and Russia shows interest in gear that can destroy satellites..
π Elon Muskβs xAI Valued at $24 Billion After Latest Fundraising Round. The competitor to OpenAI is looking to invest more in research and development amid fierce competition in the burgeoning sector..
π China Raises $48 Billion for Semiconductor Fund. Beijing is aiming to increase its chip-making capabilities in the face of an escalating technology competition with the U.S..
Sources: CNBC, Bloomberg, WSJ
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Date: 28 May 2024
π China calls on Japan and South Korea to reject βprotectionismβ in trilateral summit. China urged Japan and South Korea on Monday to reject βprotectionismβ and uphold free trade as the countries met in a trilateral summit in Seoul.
π The Hidden Driver of Soaring Home Insurance Costs. A looming round of reinsurance renewals could signal a slowdown in premium increases..
π America Is Getting Ready for Space Warfare. Pentagon officials are opening up about potential threats as Chinaβs presence in orbit grows and Russia shows interest in gear that can destroy satellites..
π Elon Muskβs xAI Valued at $24 Billion After Latest Fundraising Round. The competitor to OpenAI is looking to invest more in research and development amid fierce competition in the burgeoning sector..
π China Raises $48 Billion for Semiconductor Fund. Beijing is aiming to increase its chip-making capabilities in the face of an escalating technology competition with the U.S..
Sources: CNBC, Bloomberg, WSJ
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The market doesnβt start when you open a trade, or stops when you close a trade. It continues to flow like a river, and as a trader, you can choose when to get in and when to get out.
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π DAILY NEWS HIGHLIGHTS! π
Date: 29 May 2024
π OpenAI Former Safety Leader Moves to Anthropic: Jan Leike, who co-led OpenAI's superalignment group, has joined rival AI startup Anthropic, marking a significant shift in the AI safety landscape.
π GameStop Shares Surge After Stock Sale: GameStop's stock soared over 20% following a $933 million stock sale, rebounding sharply despite recent volatility.
π Adam Neumann Withdraws WeWork Buyback Bid: Adam Neumann has abandoned his effort to repurchase WeWork, citing the company's bankruptcy plan as unrealistic.
π Hess-Chevron Merger Moves Forward: Hess shareholders have approved a $53 billion merger with Chevron, though Exxon's challenge still looms over the final outcome.
π Saudi Arabia Plans Major Aramco Stock Sale: Saudi Arabia is set to raise between $10 billion and $20 billion in a new stock sale of Aramco, aiming to bolster its finances.
Sources: CNBC, Bloomberg, WSJ
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Date: 29 May 2024
π OpenAI Former Safety Leader Moves to Anthropic: Jan Leike, who co-led OpenAI's superalignment group, has joined rival AI startup Anthropic, marking a significant shift in the AI safety landscape.
π GameStop Shares Surge After Stock Sale: GameStop's stock soared over 20% following a $933 million stock sale, rebounding sharply despite recent volatility.
π Adam Neumann Withdraws WeWork Buyback Bid: Adam Neumann has abandoned his effort to repurchase WeWork, citing the company's bankruptcy plan as unrealistic.
π Hess-Chevron Merger Moves Forward: Hess shareholders have approved a $53 billion merger with Chevron, though Exxon's challenge still looms over the final outcome.
π Saudi Arabia Plans Major Aramco Stock Sale: Saudi Arabia is set to raise between $10 billion and $20 billion in a new stock sale of Aramco, aiming to bolster its finances.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: Best Trading Tips & Quotes from Alexander Elder]
Alexander Elder is the author of "Trading for a Living", a modern classic among traders.
First published in 1993, this international best-seller has been translated into more than a dozen languages and is being used to educate traders around the world.
Read more ππ» https://synapsetrading.com/?p=43479
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Alexander Elder is the author of "Trading for a Living", a modern classic among traders.
First published in 1993, this international best-seller has been translated into more than a dozen languages and is being used to educate traders around the world.
Read more ππ» https://synapsetrading.com/?p=43479
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π DAILY NEWS HIGHLIGHTS! π
Date: 30 May 2024
π U.S. DOJ Charges Chinese National. YunHe Wang faces up to 65 years in prison for operating a botnet that allegedly stole $5.9 billion in Covid relief funds, affecting over 19 million IP addresses worldwide.
π New Zealand's Economic Outlook. The government projects a return to budget surplus by 2027-2028 despite current economic challenges, including a prolonged recession.
π Bank of Japan's Financial Windfall. The central bank reports record unrealized gains from its stock holdings for the financial year ending March, amidst historic rises in Tokyo shares.
π China Focuses on Job Creation. President Xi Jinping emphasizes the need for increased employment opportunities for young people and migrant workers, hinting at potential policy developments.
π Google's Major Investment in Malaysia: Google announces a $2 billion investment plan, including its first data center in Malaysia and expansions in AI and cloud services.
Sources: CNBC, Bloomberg, WSJ
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Date: 30 May 2024
π U.S. DOJ Charges Chinese National. YunHe Wang faces up to 65 years in prison for operating a botnet that allegedly stole $5.9 billion in Covid relief funds, affecting over 19 million IP addresses worldwide.
π New Zealand's Economic Outlook. The government projects a return to budget surplus by 2027-2028 despite current economic challenges, including a prolonged recession.
π Bank of Japan's Financial Windfall. The central bank reports record unrealized gains from its stock holdings for the financial year ending March, amidst historic rises in Tokyo shares.
π China Focuses on Job Creation. President Xi Jinping emphasizes the need for increased employment opportunities for young people and migrant workers, hinting at potential policy developments.
π Google's Major Investment in Malaysia: Google announces a $2 billion investment plan, including its first data center in Malaysia and expansions in AI and cloud services.
Sources: CNBC, Bloomberg, WSJ
Share π» https://www.tg-me.com/synapsetrading
[Infographic: Technical Analysis vs. Fundamental Analysis]
What is the difference between Technical Analysis (TA) and Fundamental Analsyis (FA), and when should you use each technique?
Read full post ππ» https://synapsetrading.com/?p=29819
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What is the difference between Technical Analysis (TA) and Fundamental Analsyis (FA), and when should you use each technique?
Read full post ππ» https://synapsetrading.com/?p=29819
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π DAILY NEWS HIGHLIGHTS! π
Date: 31 May 2024
π Tesla Disputes Glass Lewisβs Critique on Muskβs Pay: Tesla has criticized Glass Lewis's negative report on Elon Muskβs compensation package, calling its analysis flawed and speculative.
π China Sets Export Controls on Aviation Tech: In a move to bolster national security, China will implement export controls on crucial aviation technologies and equipment.
π Eurozone Unemployment Reaches New Low: The unemployment rate in the eurozone has dropped to a record low of 6.4%, indicating a resilient job market ahead of the European Central Bank's anticipated rate cut.
π Taiwan Ups Economic Growth Outlook: Boosted by a surge in tech exports driven by AI demand, Taiwan has raised its economic growth forecast for the year.
π Grab Partners with OpenAI for AI Integration: Southeast Asia's Grab Holdings is partnering with OpenAI to infuse AI technology into its ride-hailing and delivery services, aiming to enhance user experience and operational efficiency.
Sources: CNBC, Bloomberg, WSJ
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Date: 31 May 2024
π Tesla Disputes Glass Lewisβs Critique on Muskβs Pay: Tesla has criticized Glass Lewis's negative report on Elon Muskβs compensation package, calling its analysis flawed and speculative.
π China Sets Export Controls on Aviation Tech: In a move to bolster national security, China will implement export controls on crucial aviation technologies and equipment.
π Eurozone Unemployment Reaches New Low: The unemployment rate in the eurozone has dropped to a record low of 6.4%, indicating a resilient job market ahead of the European Central Bank's anticipated rate cut.
π Taiwan Ups Economic Growth Outlook: Boosted by a surge in tech exports driven by AI demand, Taiwan has raised its economic growth forecast for the year.
π Grab Partners with OpenAI for AI Integration: Southeast Asia's Grab Holdings is partnering with OpenAI to infuse AI technology into its ride-hailing and delivery services, aiming to enhance user experience and operational efficiency.
Sources: CNBC, Bloomberg, WSJ
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Just because there is a lot of price movement does not mean there are good opportunities. Most of the movement is just noise, designed to lure in newbie traders.
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π DAILY NEWS HIGHLIGHTS! π
Date: 1 July 2024
π Trump Campaign's Record Fundraising: After a guilty verdict for falsifying business records, Trump's campaign raises a record $34.8 million, leveraging the news for substantial financial support.
π Japan's Currency Intervention: In response to the yen hitting a 34-year low, Japan's Ministry of Finance spent $62 billion in its first currency intervention since 2022, stabilizing the yen's steep decline.
π EU's Chip Manufacturing Boost: The EU approves Italian aid for a $5.4 billion chip plant by STMicro under the EU Chips Act, aiming to enhance local semiconductor production essential for various high-tech industries.
π China's Hefty Fine on Evergrande: China fines Evergrandeβs subsidiary Hengda $577 million for fraudulent bond issuance, as the property giant faces liquidation proceedings due to exceeding $300 billion in liabilities.
π Intel's AI Expansion: Intel is expanding its focus on artificial intelligence beyond data centers, preparing for increased demand in AI-capable consumer products.
Sources: CNBC, Bloomberg, WSJ
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Date: 1 July 2024
π Trump Campaign's Record Fundraising: After a guilty verdict for falsifying business records, Trump's campaign raises a record $34.8 million, leveraging the news for substantial financial support.
π Japan's Currency Intervention: In response to the yen hitting a 34-year low, Japan's Ministry of Finance spent $62 billion in its first currency intervention since 2022, stabilizing the yen's steep decline.
π EU's Chip Manufacturing Boost: The EU approves Italian aid for a $5.4 billion chip plant by STMicro under the EU Chips Act, aiming to enhance local semiconductor production essential for various high-tech industries.
π China's Hefty Fine on Evergrande: China fines Evergrandeβs subsidiary Hengda $577 million for fraudulent bond issuance, as the property giant faces liquidation proceedings due to exceeding $300 billion in liabilities.
π Intel's AI Expansion: Intel is expanding its focus on artificial intelligence beyond data centers, preparing for increased demand in AI-capable consumer products.
Sources: CNBC, Bloomberg, WSJ
Share π» https://www.tg-me.com/synapsetrading
[Blog Post: Best Investing Tips & Quotes from Warren Buffett]
Warren Edward Buffett is considered one of the most successful investors in the world and has a net worth of US$88.9 billion as of December 2019, making him the fourth-wealthiest person in the world.
Read more ππ» https://synapsetrading.com/?p=43491
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Warren Edward Buffett is considered one of the most successful investors in the world and has a net worth of US$88.9 billion as of December 2019, making him the fourth-wealthiest person in the world.
Read more ππ» https://synapsetrading.com/?p=43491
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π DAILY NEWS HIGHLIGHTS! π
Date: 2 June 2024
π Boeing and NASA Cancel Starliner Launch: Boeingβs much-anticipated first Starliner crew launch was called off minutes before liftoff due to technical issues. This delay adds to previous setbacks, contrasting with SpaceXβs regular astronaut missions since 2020.
π Challenges in Bidenβs Gaza Cease-Fire Effort: Despite President Bidenβs push for a cease-fire in the Israel-Hamas conflict, substantial disagreements over key details make a resolution difficult.
π Dr Pepper Rises to No. 2 Soda in the US: Dr Pepper has matched Pepsi as Americaβs second favorite soda, gaining popularity through aggressive marketing and innovative flavors.
π Concern Over AI-Generated Fake Nudes: AI technology is creating fake nude images, leading to serious concerns about bullying and the impact on teenagersβ mental health.
π ANCβs Decline in South Africa: The African National Congress, once led by Nelson Mandela, received only 40% of the vote, its worst performance, leading to complex coalition negotiations.
Sources: CNBC, Bloomberg, WSJ
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Date: 2 June 2024
π Boeing and NASA Cancel Starliner Launch: Boeingβs much-anticipated first Starliner crew launch was called off minutes before liftoff due to technical issues. This delay adds to previous setbacks, contrasting with SpaceXβs regular astronaut missions since 2020.
π Challenges in Bidenβs Gaza Cease-Fire Effort: Despite President Bidenβs push for a cease-fire in the Israel-Hamas conflict, substantial disagreements over key details make a resolution difficult.
π Dr Pepper Rises to No. 2 Soda in the US: Dr Pepper has matched Pepsi as Americaβs second favorite soda, gaining popularity through aggressive marketing and innovative flavors.
π Concern Over AI-Generated Fake Nudes: AI technology is creating fake nude images, leading to serious concerns about bullying and the impact on teenagersβ mental health.
π ANCβs Decline in South Africa: The African National Congress, once led by Nelson Mandela, received only 40% of the vote, its worst performance, leading to complex coalition negotiations.
Sources: CNBC, Bloomberg, WSJ
Share π» https://www.tg-me.com/synapsetrading
[Infographic: 5 Biggest Day Trading Mistakes that Beginners Make]
If you are new to day trading, make sure you avoid these 5 biggest beginner mistakes if you want a chance to succeed and avoid blowing your trading account.
Read full post ππ» https://synapsetrading.com/?p=36921
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If you are new to day trading, make sure you avoid these 5 biggest beginner mistakes if you want a chance to succeed and avoid blowing your trading account.
Read full post ππ» https://synapsetrading.com/?p=36921
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