🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 25 April 2024
📌 Biden Enacts Law Targeting Israel, Ukraine, and TikTok. President Joe Biden signed legislation providing aid to Israel and Ukraine and mandating the sale of TikTok unless it divests from its Chinese parent company, ByteDance.
📌 Musk Fuels Tesla Robotaxi Hopes Amid Sales Dip. Despite reporting its sharpest sales decline in over a decade, Tesla's CEO Elon Musk reiterated his commitment to advancing self-driving technology.
📌 Boeing Slashes 737 MAX Production, Uses $4 Billion Cash. Boeing has reduced its 737 MAX production rates to address quality concerns following a recent door-panel incident.
📌 Bank of Canada Officials Debate Timing of Rate Cuts. There's division among Bank of Canada officials about when to begin reducing interest rates, as reflected in the minutes from their latest meeting.
📌 Optimism Grows Among German Businesses. The business climate in Germany improved for the third consecutive month, indicating a stronger recovery despite the modest economic growth expected.
Sources: CNBC, Bloomberg, WSJ
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Date: 25 April 2024
📌 Biden Enacts Law Targeting Israel, Ukraine, and TikTok. President Joe Biden signed legislation providing aid to Israel and Ukraine and mandating the sale of TikTok unless it divests from its Chinese parent company, ByteDance.
📌 Musk Fuels Tesla Robotaxi Hopes Amid Sales Dip. Despite reporting its sharpest sales decline in over a decade, Tesla's CEO Elon Musk reiterated his commitment to advancing self-driving technology.
📌 Boeing Slashes 737 MAX Production, Uses $4 Billion Cash. Boeing has reduced its 737 MAX production rates to address quality concerns following a recent door-panel incident.
📌 Bank of Canada Officials Debate Timing of Rate Cuts. There's division among Bank of Canada officials about when to begin reducing interest rates, as reflected in the minutes from their latest meeting.
📌 Optimism Grows Among German Businesses. The business climate in Germany improved for the third consecutive month, indicating a stronger recovery despite the modest economic growth expected.
Sources: CNBC, Bloomberg, WSJ
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[Trading Guide: Best Investing & Trading Books of All Time]
After reading over 200 books on trading and investing, I have compiled a comprehensive list of some of the more popular ones, which is a great resource for anyone looking to get started.
Read more 👉🏻 https://synapsetrading.com/?p=35714
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After reading over 200 books on trading and investing, I have compiled a comprehensive list of some of the more popular ones, which is a great resource for anyone looking to get started.
Read more 👉🏻 https://synapsetrading.com/?p=35714
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After a hiatus of 5 years, we are bringing back the widely popular "Trading Foundation Workshop", where we cover the basic skills of trading (chart reading, market analysis, risk management, psychology).
I will also be doing a comprehensive market analysis covering various markets, showcasing my current portfolio allocations, and lastly we will be doing some live trading together.
This is great for those who are looking to take their first trade in a safe and guided setting, within a fun-infused and content-packed workshop.
I am limiting this workshop to only 20 pax to ensure a good learning experience, so register early to avoid disappointment: 👇🏻
https://synapsetrading.com/?p=24088
P.S. This is not a sales preview or a "motivational" seminar, it is a paid workshop ($25) for those who are serious about starting their trading journey with me.
See you soon! 💪🏻🙂🔥
I will also be doing a comprehensive market analysis covering various markets, showcasing my current portfolio allocations, and lastly we will be doing some live trading together.
This is great for those who are looking to take their first trade in a safe and guided setting, within a fun-infused and content-packed workshop.
I am limiting this workshop to only 20 pax to ensure a good learning experience, so register early to avoid disappointment: 👇🏻
https://synapsetrading.com/?p=24088
P.S. This is not a sales preview or a "motivational" seminar, it is a paid workshop ($25) for those who are serious about starting their trading journey with me.
See you soon! 💪🏻🙂🔥
Here is some feedback from past attendees:
“I find Spencer is very humble and sincere in sharing his knowledge & skills. He is so young but so wise and wants to make a positive difference in people’s lives!” – Diana Ang
“Easy to understand, a bird’s eye view of the world of trading. He simplifies the whole concept of trading (it’s all about risk management)” – Nick, AIA
“The games are fun. A refresher to what was taught. Trainer Spencer is very knowledgeable. I am totally new to trading but I feel I understand the fundamentals of trading in just 3 hours. Thank you Spencer!” – Crystal Chong, AIA Singapore
“Spencer is a very personable guy who is very willing to share his techniques and skills in trading.” – Nathan Sng, Prudential
“Excellent use of time and money attending this workshop. Brilliant!” – YF
“Great teacher. Learnt quite a lot tonight. Very informative & knowledge gained. All is good, timing is good.” – Bern Ong Shao Qun
“The 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.” – Ryan
“The games are very intuitive and interesting. Fun and easy to reflect on what you learn in workshop. Sincere and knowledgeable trainer.” – Lim Yong Chuan
“I’ve learnt more than what was taught in financial trading modules in school.” – Samantha, Sapphire Swimming
“Good trading mindset & mentality, good pace, good quality PowerPoints. Highly recommended for learning good habits and fundamentals.” – Zhong Jinhao
“Spencer is really earnest and you can sense that he really wants to teach. He presents a realistic picture of what is needed to trade.” – Matthew Sng
“I find Spencer is very humble and sincere in sharing his knowledge & skills. He is so young but so wise and wants to make a positive difference in people’s lives!” – Diana Ang
“Easy to understand, a bird’s eye view of the world of trading. He simplifies the whole concept of trading (it’s all about risk management)” – Nick, AIA
“The games are fun. A refresher to what was taught. Trainer Spencer is very knowledgeable. I am totally new to trading but I feel I understand the fundamentals of trading in just 3 hours. Thank you Spencer!” – Crystal Chong, AIA Singapore
“Spencer is a very personable guy who is very willing to share his techniques and skills in trading.” – Nathan Sng, Prudential
“Excellent use of time and money attending this workshop. Brilliant!” – YF
“Great teacher. Learnt quite a lot tonight. Very informative & knowledge gained. All is good, timing is good.” – Bern Ong Shao Qun
“The 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.” – Ryan
“The games are very intuitive and interesting. Fun and easy to reflect on what you learn in workshop. Sincere and knowledgeable trainer.” – Lim Yong Chuan
“I’ve learnt more than what was taught in financial trading modules in school.” – Samantha, Sapphire Swimming
“Good trading mindset & mentality, good pace, good quality PowerPoints. Highly recommended for learning good habits and fundamentals.” – Zhong Jinhao
“Spencer is really earnest and you can sense that he really wants to teach. He presents a realistic picture of what is needed to trade.” – Matthew Sng
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 26 April 2024
📌 Microsoft Boosts Cloud Services with AI Integration. Microsoft announced significant growth in its cloud sector, bolstered by the launch of Copilot AI for Microsoft 365 subscribers.
📌 Google's Revenue Jumps, Announces First Dividend. Alphabet's revenue surged to $80.5 billion, up 15% year-over-year, amidst a robust AI expansion, leading to its first-ever dividend.
📌 Snap's Stock Climbs After Earnings Beat. Snap Inc. shares rose 25% following better-than-expected earnings and revenue growth, attributed to enhancements in its advertising capabilities.
📌 Federal Reserve Rate Cut Hopes Diminish. Market sentiment is shifting, with less optimism about potential Fed rate cuts, affecting investor confidence and market stability.
📌 Micron Receives $6.1 Billion Grant for Expansion. Micron Technology is set to invest $125 billion in building new facilities in New York and Idaho, backed by a substantial government grant.
Sources: CNBC, Bloomberg, WSJ
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Date: 26 April 2024
📌 Microsoft Boosts Cloud Services with AI Integration. Microsoft announced significant growth in its cloud sector, bolstered by the launch of Copilot AI for Microsoft 365 subscribers.
📌 Google's Revenue Jumps, Announces First Dividend. Alphabet's revenue surged to $80.5 billion, up 15% year-over-year, amidst a robust AI expansion, leading to its first-ever dividend.
📌 Snap's Stock Climbs After Earnings Beat. Snap Inc. shares rose 25% following better-than-expected earnings and revenue growth, attributed to enhancements in its advertising capabilities.
📌 Federal Reserve Rate Cut Hopes Diminish. Market sentiment is shifting, with less optimism about potential Fed rate cuts, affecting investor confidence and market stability.
📌 Micron Receives $6.1 Billion Grant for Expansion. Micron Technology is set to invest $125 billion in building new facilities in New York and Idaho, backed by a substantial government grant.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: Explaining the Debt Ceiling: What Happens in A Default?]
In the vast lexicon of financial jargon, few terms carry as much weight or generate as much anxiety as the "debt ceiling."
For those new to the concept, it may seem remote and abstract. Yet, this fiscal term can have profound and very real consequences on the everyday lives of citizens.
In this blog post, we will explain what the debt ceiling is, what happens if the US defaults, and whether there are any other better options.
Read more 👉🏻 https://synapsetrading.com/?p=47510
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In the vast lexicon of financial jargon, few terms carry as much weight or generate as much anxiety as the "debt ceiling."
For those new to the concept, it may seem remote and abstract. Yet, this fiscal term can have profound and very real consequences on the everyday lives of citizens.
In this blog post, we will explain what the debt ceiling is, what happens if the US defaults, and whether there are any other better options.
Read more 👉🏻 https://synapsetrading.com/?p=47510
Share 🍻 https://www.tg-me.com/synapsetrading
Spencer Li (Synapse Trading)
After a hiatus of 5 years, we are bringing back the widely popular "Trading Foundation Workshop", where we cover the basic skills of trading (chart reading, market analysis, risk management, psychology). I will also be doing a comprehensive market analysis…
Some questions people have been asking:
1. Is this a physical or online workshop? Where is the venue?
It is a physical workshop, the venue is in CBD area, the exact address will be sent out soon after payment.
2. Will there be practical hands-on and live trading?
Yes, we try to make at least half of the training involve activities, to make learning more practical and hands-on. We will also do market analysis and live trading together.
3. Is this suitable for someone who zero experience at all?
Yes, this workshop is designed specially for those who are new to trading, or not yet consistently profitable.
1. Is this a physical or online workshop? Where is the venue?
It is a physical workshop, the venue is in CBD area, the exact address will be sent out soon after payment.
2. Will there be practical hands-on and live trading?
Yes, we try to make at least half of the training involve activities, to make learning more practical and hands-on. We will also do market analysis and live trading together.
3. Is this suitable for someone who zero experience at all?
Yes, this workshop is designed specially for those who are new to trading, or not yet consistently profitable.
How to apply multiple timeframes to pin-point your entry and exit points in the market
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 27 April 2024
📌 Exxon, Chevron Earnings Fall Back to Earth. The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
📌 Tech Spending Still Proves Thorny for Some Advertising Companies. A slower pace of business in the technology sector continued to weigh on some ad holding companies in the first quarter, but things might be looking up..
📌 U.S. Regulators Tie Tesla’s Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes. The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.
📌 China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars. China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market...
📌 Investors Cheer AI Spending Boom in Big Tech—Just Not at Meta. Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.
Sources: CNBC, Bloomberg, WSJ
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Date: 27 April 2024
📌 Exxon, Chevron Earnings Fall Back to Earth. The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
📌 Tech Spending Still Proves Thorny for Some Advertising Companies. A slower pace of business in the technology sector continued to weigh on some ad holding companies in the first quarter, but things might be looking up..
📌 U.S. Regulators Tie Tesla’s Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes. The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.
📌 China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars. China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market...
📌 Investors Cheer AI Spending Boom in Big Tech—Just Not at Meta. Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: Main Types of Technical Analysis]
There are 3 main categories of technical analysis methods - price action, classical charting, or technical indicators.
All traders use either of these methods, or a combination of them.
Read full post 👉🏻 https://synapsetrading.com/?p=33510
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There are 3 main categories of technical analysis methods - price action, classical charting, or technical indicators.
All traders use either of these methods, or a combination of them.
Read full post 👉🏻 https://synapsetrading.com/?p=33510
Share 🍻 https://www.tg-me.com/synapsetrading
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 28 April 2024
📌 U.S. and China Set for AI Talks Amid TikTok Concerns. The two nations are preparing for their first discussions on artificial intelligence, as tensions persist over TikTok's future and technology access.
📌 Rising Home Prices, Stocks Leave Young Americans Struggling. While a robust economy boosts asset values, the associated costs increasingly sideline younger generations.
📌 Trump Advisers Consider Curbing Fed's Independence. Plans are being drafted that could allow the President to influence Fed policies directly, including the potential removal of its chair.
📌 Northrop Grumman's New Rocket Fuel Plant Faces Delays. The defense contractor's facility in Utah intended to boost its missile production has yet to achieve its goals.
📌 Utilities Poised to Benefit from AI Surge. As AI technologies drive increased power demand, utility companies might see unexpected financial gains.
Sources: CNBC, Bloomberg, WSJ
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Date: 28 April 2024
📌 U.S. and China Set for AI Talks Amid TikTok Concerns. The two nations are preparing for their first discussions on artificial intelligence, as tensions persist over TikTok's future and technology access.
📌 Rising Home Prices, Stocks Leave Young Americans Struggling. While a robust economy boosts asset values, the associated costs increasingly sideline younger generations.
📌 Trump Advisers Consider Curbing Fed's Independence. Plans are being drafted that could allow the President to influence Fed policies directly, including the potential removal of its chair.
📌 Northrop Grumman's New Rocket Fuel Plant Faces Delays. The defense contractor's facility in Utah intended to boost its missile production has yet to achieve its goals.
📌 Utilities Poised to Benefit from AI Surge. As AI technologies drive increased power demand, utility companies might see unexpected financial gains.
Sources: CNBC, Bloomberg, WSJ
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The difference between a gambler and a trader is that a trader has the edge. In a casino, the casino always has the edge. So when you are trading, if you do not have the edge, it means someone else has, and that person is taking your money away.
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 29 April 2024
📌 TPG Telecom Strikes $653 Million Network Deal with Optus. This agreement enables TPG to use Optus's mobile infrastructure in regional Australia, following a blocked deal with Telstra.
📌 Ukraine Aid Bolsters Defense Sector Amid Profit Scrutiny. The $95 billion aid package reignites debates over defense profits and share buybacks, benefiting firms involved in military supplies.
📌 Elon Musk in Beijing to Push Tesla's Autopilot. Musk's trip aims to secure Chinese approval for Tesla’s self-driving tech amidst a sales slump.
📌 Subsidence Issues Plague America's Largest Oil Field. Intensive drilling in the Permian Basin causes significant ground deformation, impacting infrastructure.
📌 AIA Boosts Dividends After Strong Growth. Following a 31% surge in new business value, AIA plans increased shareholder returns and more share buybacks.
Sources: CNBC, Bloomberg, WSJ
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Date: 29 April 2024
📌 TPG Telecom Strikes $653 Million Network Deal with Optus. This agreement enables TPG to use Optus's mobile infrastructure in regional Australia, following a blocked deal with Telstra.
📌 Ukraine Aid Bolsters Defense Sector Amid Profit Scrutiny. The $95 billion aid package reignites debates over defense profits and share buybacks, benefiting firms involved in military supplies.
📌 Elon Musk in Beijing to Push Tesla's Autopilot. Musk's trip aims to secure Chinese approval for Tesla’s self-driving tech amidst a sales slump.
📌 Subsidence Issues Plague America's Largest Oil Field. Intensive drilling in the Permian Basin causes significant ground deformation, impacting infrastructure.
📌 AIA Boosts Dividends After Strong Growth. Following a 31% surge in new business value, AIA plans increased shareholder returns and more share buybacks.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: Cup and Handle Pattern Trading Strategy]
The cup and handle is an accumulation buying pattern, which is found during long periods of consolidation, and can lead to powerful explosive moves once the pattern is fully completed.
Read more 👉🏻 https://synapsetrading.com/?p=34652
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The cup and handle is an accumulation buying pattern, which is found during long periods of consolidation, and can lead to powerful explosive moves once the pattern is fully completed.
Read more 👉🏻 https://synapsetrading.com/?p=34652
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When using a top down approach, it is important to first look at the macro-economic data to determine the overall trend and environment, before zooming in to pick the best trading opportunities.