Sunday, August 16, 2020

[Daily article] August 17: Illustrated Daily News

The Daily News was a newspaper published in Los Angeles from 1923 to
1954, founded by Cornelius Vanderbilt IV as the first of several papers
he wanted to manage. After quickly going into receivership, it was sold
to Manchester Boddy, a local businessman. Boddy was able to make the
newspaper succeed, and it remained profitable through the 1930s and
1940s, taking a mainstream Democratic perspective at a time when most
Los Angeles newspapers supported the Republican Party. The newspaper
began a steep decline in the late 1940s, continuing into the early
1950s. In the 1950 election, Boddy ran in both the Democratic and
Republican primaries for the United States Senate. He finished a distant
second in each, and lost interest in the newspaper. He sold his stake in
the paper in 1952 and publication ceased in December 1954. The business
was sold to the Chandler family, who merged it with their publication,
the Los Angeles Mirror, firing all Daily News employees without
severance pay.

Read more: <https://en.wikipedia.org/wiki/Illustrated_Daily_News>

_______________________________
Today's selected anniversaries:

1916:

World War I: Romania signed a secret treaty with the Entente
Powers to enter the war in return for territorial concessions in
Austria-Hungary.
<https://en.wikipedia.org/wiki/Treaty_of_Bucharest_%281916%29>

1945:

The independence of Indonesia was proclaimed by Sukarno and
Mohammad Hatta, igniting the Indonesian National Revolution against the
Dutch Empire.
<https://en.wikipedia.org/wiki/Indonesian_National_Revolution>

1977:

The Soviet nuclear-powered icebreaker Arktika became the first
surface ship to reach the North Pole.
<https://en.wikipedia.org/wiki/Arktika_%281972_icebreaker%29>

_____________________________
Wiktionary's word of the day:

fatberg:
A large accumulation of fat and discarded toiletries which clogs sewers.
<https://en.wiktionary.org/wiki/fatberg>

___________________________
Wikiquote quote of the day:

  Poems get to the point where they are stronger than you are. They
come up from some other depth and they find a place on the page. You can
never find that depth again, that same kind of authority and voice. I
might feel I would like to change something about them, but they're
still stronger than I am and I cannot.  
--Ted Hughes
<https://en.wikiquote.org/wiki/Ted_Hughes>

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Questions or comments? Contact dal-feedback@wikimedia.org

🧠 Trading Term of the Day: Fundamental Analysis | How Can You Actually Use Ichimoku for Forex? This Trader Shares How He Does it.

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
August 16, 2020
USD ended the week a net loser

U.S. data were arguably net positive this week, but it's likely traders were selling USD on the failure to get a U.S. stimulus deal done and the rising pace of COVID-19 cases and deaths.

Trading term of the day: Fundamental analysis
Fundamental analysis is a method of evaluating the intrinsic value of an asset and analyzing the factors that could influence its price in the future. Here's how it works in forex and how different it is from technical analysis. 👇
Here's what happened to the British pound last week
Without a major catalyst, it looks like GBP moved more with broad risk sentiment over the negative economic updates from the U.K. 
Here's how this trader uses Ichimoku for trading

Forum member Imperator_Cat writes, "I am here to discuss the practical application of the Ichimoku Kinko Hyo indicator for you to instantaneously apply best practices with it."

EUR had a great performance last week, here's why

EUR and CHF ended up as net winners, likely due to a combination of continued improving European sentiment and late week global risk aversion sentiment. Here's a recap!

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Inquirer Newsletter. August 17, 2020

The Manila Times Newsletter | August 17, 2020

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