- The Daily Trade
- Posts
- Trump Pardons Shark Divers 🦈
Trump Pardons Shark Divers 🦈
Ryan Serkes
June 04, 2025
The
Daily Trade
You’re smart about saving money, like shopping clearance racks, limiting eating out, and choosing affordable streaming services. However, there are still some cost-cutting tips you might not know yet. Once you discover these, you could quickly find extra cash in your pocket.
Hey Daily Traders,
President Donald Trump's pardon of two South Florida shark divers, Tanner Mansell and John Moore Jr., has stirred the stock market, highlighting a unique intersection of environmental activism and legal justice. The pardons not only restore their civil liberties but also spotlight Trump's complex relationship with marine life, given his known aversion to sharks.
In other news, the Federal Reserve's decision to lift Wells Fargo's growth restriction marks a pivotal shift for the bank, potentially revitalizing its market position. Meanwhile, Meta's 20-year nuclear energy agreement with Constellation Energy underscores a strategic move to sustain its AI ambitions, reflecting the tech industry's growing reliance on sustainable energy solutions.
Here's what's happening today:
- 🦈 Trump pardons divers who freed sharks
- 🏦 Wells Fargo asset cap lifted by Fed
- 🔋 Meta secures nuclear power for AI growth
- 🎁 +10 more business & investing news stories you might like
- 📊 +4 technical analysis results
Question
Do you believe Trump's pardon of the shark divers was a fair correction of justice, or do you think their actions should have had legal consequences?
Reply to this email with your answer
Budgets are shrinking. Teams are getting leaner. And the pressure to do more with less has never been greater.
Layoffs. Cost cuts. Uncertainty. You’re feeling it — and so is your business. But surviving a downturn isn’t about cutting corners. It’s about working smarter. With flexible, scalable support, you can maintain momentum and protect your budget — without committing to full-time hires. That’s where BELAY comes in. Our U.S.-based Executive Assistants, Accounting Professionals, and Marketing Assistants deliver the expertise you need — scaled exactly to fit your needs, your budget, and your future. Because the truth is, when you’re stuck organizing your inbox or filing receipts, you’re losing more than time. You’re losing focus, energy, and strategic clarity. And in a downturn, those aren’t luxuries; they’re survival skills. The more you’re pulled into the weeds, the less you’re able to lead your business where it needs to go. Let BELAY help you do what matters most: lead boldly through uncertainty.
Stay lean. Stay focused. Stay ahead with BELAY.
Stock Market  President Donald Trump has pardoned two South Florida shark divers, Tanner Mansell and John Moore Jr., who were convicted of theft for freeing 19 sharks and a giant grouper from a fisherman's longline. The divers, who believed the line to be illegal, reported it to wildlife officials and brought it back to shore. Despite their intentions, they were charged with theft, as the line belonged to a licensed fisherman. The pardons erase their felony convictions, allowing them to regain voting rights and the ability to travel freely. This case drew attention due to Trump's known aversion to sharks, making the pardons particularly notable. The divers' attorneys argued that the prosecution was unjust, and the pardons were a deserved correction of this mistake. Key Takeaway
|
Stock Market  The U.S. Federal Reserve has lifted the $1.95 trillion asset cap on Wells Fargo, imposed in 2018 after a sales practices scandal. The decision follows the bank's substantial progress in addressing deficiencies in governance and risk management, as confirmed by a third-party review. This removal marks a significant milestone for Wells Fargo, allowing it to resume growth and expand its operations. The Fed's unanimous vote to lift the restriction reflects confidence in the bank's reforms and its ability to operate without the previous constraints, signaling a new phase of recovery and potential growth. Key Takeaway
|
Stock Market  Meta has entered a 20-year agreement to secure nuclear power from Constellation Energy to meet its growing AI and computing demands. This partnership will expand the output of Constellation's Illinois nuclear plant, preserving jobs and increasing local tax revenue. This move is part of a broader trend among tech giants investing in nuclear energy to power data centers while reducing greenhouse gas emissions. As AI demands surge, securing reliable and clean energy sources becomes crucial for companies like Meta, which aims to balance technological growth with environmental responsibilities. Key Takeaway
|
More Business & Investing news
- ⚖️ Morris Kandinov investigates multiple companies (Link)
- 📢 BigBear.ai class action deadline approaching (Link)
- 🌾 FMC and Corteva expand fungicide technology (Link)
- 📄 Airbnb sued over stockholder proposals (Link)
- 📊 Oracle to announce earnings on June 11 (Link)
- 🌦️ AI weather forecasting for Filipino farmers (Link)
- 🚀 Rocket Lab expands into payloads (Link)
- ☀️ CIG and SYMX start solar project construction (Link)
- 💸 Crypto scheme costs Solon man $500,000 (Link)
- 🏢 Starwood Capital closes $2.86B credit vehicles (Link)
Today's Technical Analysis
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Hold | ULTOSC Buy | STOCH Buy |
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Hold | ULTOSC Buy | STOCH Buy |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Hold | ULTOSC Sell | STOCH Sell |
RSI Buy | MFI Hold | WillR Buy | AO Buy |
CCI Buy | BBANDS Hold | ULTOSC Buy | STOCH Buy |
You might also like…
We’re always looking for opportunities to bring our readers more value so we’ve partnered with a handful of companies that we think you might enjoy.
If you have suggestions for companies we should partner with, let us know and we’ll reach out to them.
Do you have an idea for a new website or mobile app?
Under the leadership of tech entrepreneurs, Modern Launch develops software applications from scratch.
Are you looking for your next real estate investment?
Every day, Labrador scans the MLS and runs a cash-flow analysis on every property to deliver only the highest ROI opportunities.
Do you want to try the best wines?
Get weekly wine recommendations from top sommeliers at Pour Decisions.
Want to explore other newsletters?
Take a look at some of the other newsletters our readers love.
Thanks for Reading!
Have ideas to improve our newsletter? Let us know
Want to reach our readers? Become a sponsor
Was this email forwarded to you? Subscribe here
How would you rate today's newsletter?If there's anything I can do better, please reply to this email and let me know! |
Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
Disclaimers
The information in our newsletter is not intended to constitute investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described will be profitable. We strongly advise you to discuss your investment options with your financial advisor prior to making any investments, including whether any investment is suitable for your specific needs.
Although we obtain information contained in our newsletter from sources we believe to be reliable, we cannot guarantee its accuracy. The analysis provided in this newsletter is based on the prior trading day’s closing prices and may not reflect after-hours trading, earnings announcements, or other significant market events that occur outside regular trading hours. As such, any data or commentary may not fully capture the latest market movements or emerging factors. For the most current and comprehensive view, please consider additional sources or consult with a qualified financial professional.
The information provided in our newsletter is private, privileged, and confidential information, licensed for your sole individual use as a subscriber. We reserve all rights to the content of this newsletter. Forwarding, copying, disseminating, or distributing this newsletter in whole or in part, including substantial quotation of any portion the publication or any release of specific investment recommendations, is strictly prohibited.