Year-Round Tax Strategies for Traders

Taxes are by far the single largest expense for any profitable trader.In essence, the IRS becomes your trading partner and can claim as much as 40% of your profits. Many traders pay way more in taxes than they have to. But in order to maximize your tax savings, you have to start planning way ahead of April.Traders need to develop a year-round tax strategy. Download our ebook, here.

February 17, 2017
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futures

US stock indexes are mostly higher in morning trading

The major U.S. stock indexes were mostly higher in morning trading Friday as gains by retailers and consumer goods companies outweighed losses in other sectors. Technology stocks were among the biggest decliners. Energy companies fell along with the price of crude oil. Bond yields surged to the highest level in more than three years. Investors were monitoring developments in Washington ahead of a possible federal government shutdown this...

January 19, 2018
futures

EPA official: government must plan for climate change

WASHINGTON (AP) — A top manager who supervises the Environmental Protection Agency program responsible for cleaning up the nation's most contaminated properties and waterways told Congress on Thursday that the government needs to plan for the ongoing threat posed to Superfund sites from climate change. The testimony by EPA Principal Deputy Assistant Administrator Barry Breen before a House oversight subcommittee conflicts with the agency's...

January 19, 2018
futures

Is the Gold Market Finally Ready to Breakout?

Throughout  2016, we stated we did not expect much from Gold, and we stuck...

January 30, 2017
futures

Tax law gives unexpected break to farmers who sell to co-ops

MINNEAPOLIS (AP) — Key senators and farm groups are trying to fix a provision in the federal tax overhaul that gave an unexpected tax break to farmers who sell their crops to cooperatives instead of other buyers. The provision from Republican Sens. John Thune of South Dakota and John Hoeven of North Dakota surfaced in the final days of the debate over the tax bill. Companies that aren't co-ops include local grain companies as well as agribusiness giants such as Cargill and ADM. The senators say they didn't intend to give co-ops and their farmer-members a competitive advantage over other companies. They say they just wanted to make sure farmers' taxes didn't rise. But observers say it's not clear if a...

January 18, 2018
futures

US stock indexes edge lower in morning trade; oil slides

U.S. stock indexes edged lower in morning trading Thursday, pulling back slightly from the market's latest record highs. Losses in health care, industrial and other sectors were outweighing gains by phone and technology companies. Energy stocks also fell as crude oil prices declined. KEEPING SCORE: The Standard & Poor's 500 index fell 5 points, or 0.2 percent, to 2,797 as of 11:32 a.m. Eastern Time. The...

January 18, 2018
futures

Telling Head and Shoulders Pattern in Soybean Oil

I have been very bearish on soybeans for quite a while due to the fundamental setup. The USDA report on January 12th did show a large estimated drop in carryover from 460 ml/bushels to 405 ml/bushels, which fueled a voracious fund and...

January 29, 2017
futures

Gold Correction Completed?

Patrick MontesDeOca, CEO of the Equity Management Academy , discussed how...

January 27, 2017
futures

British Pound: The Decline Might Pause for a few Months

If you have been trading the decline in the British Pound, it may be time...

January 26, 2017
futures

The Latest: Europe storm: Amsterdam airport suspends flights

BERLIN (AP) — The Latest on a storm affecting parts of Europe (all times local): 11:30 a.m. Amsterdam's Schiphol Airport has suspended all flights and the Dutch national rail service halted all trains as a powerful storm lashes the Netherlands, toppling trees and blowing over tractor trailers, and causing traffic chaos. Schiphol tweeted shortly after 11 a.m. (1000 GMT) that it was halting all takeoffs and...

January 18, 2018
futures

Strong storm blasts northern Europe causing transport chaos

THE HAGUE, Netherlands (AP) — Scores of flights and trains were canceled in the Netherlands and drivers were warned to stay off the roads Thursday as the country took a powerful hit from a storm that was set to lash large parts of Europe. Dutch airline KLM canceled more than 200 flights before the storm and Amsterdam's busy Schiphol Airport reported many other delays and cancelations as the national weather...

January 18, 2018
futures

Decision Time in Gold

Gold has been working steadily higher over the last month of trading. ...

January 25, 2017
futures

Fund Length in Soybeans Growing

If you take a look at the speculative bullish positioning in soybeans,...

January 25, 2017
futures

Asian shares mixed, reverse early gains echoing Wall Street

TOKYO (AP) — Asian shares were mixed Thursday, with some indexes erasing...

January 18, 2018
futures

Demand Cycle in Coffee can Spell Dollars for Option Traders

Believe it or not, coffee prices could soon start pricing reduced summer...

January 23, 2017
futures

US withholds hurricane emergency loan sought by Puerto Rico

SAN JUAN, Puerto Rico (AP) — A billion-dollar emergency loan approved by...

January 17, 2018