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 stocks mixed as retailers rise and industrial firms skid

NEW YORK (AP) — U.S. stocks are mixed Monday morning as clothing and household goods companies climb while industrial companies stumble. Major indexes are at all-time highs after a six-week winning streak and the Standard & Poor's 500 index has risen for the last seven days. Toy company Hasbro and competitor Mattel are tumbling after Hasbro's sales forecast disappointed Wall Street. KEEPING SCORE: The Standard & Poor's 500 index...

October 23, 2017
futures

Japan ruling party win boosts Nikkei; other trading muted

TOKYO (AP) — Global trading was muted Monday, but Japan's benchmark rose on the back of a parliamentary election victory by Prime Minister Shinzo Abe's Liberal Democrats, who had promised stability and growth. KEEPING SCORE: France's CAC 40 was virtually unchanged at 5,371.36 in early trading, while Germany's DAX also nearly flat at 12,987.54. Britain's FTSE 100 was unchanged at 7,523.23. Dow futures were nearly flat at 23,281.00. S&P...

October 23, 2017
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

Toll rises in Malaysian landslide; 11 foreign workers dead

KUALA LUMPUR, Malaysia (AP) — Rescue workers have located two more bodies buried by a landslide in a construction site in northern Malaysia, bringing the death toll to 11. Fire and rescue official Mohamad Rizuan Ramli said the body of a Bangladeshi was retrieved early Monday but rescuers were still trying to bring out the body of a Malaysian trapped deep under the rubble. A hillside crashed down early Saturday at the site where two 49-story condominiums are being built in northern Penang state, a popular tourist destination. Three of the 14 workers buried by the landslide survived. The other victims were from China, Pakistan, Indonesia, Myanmar and Bangladesh. The condominium project is now under...

October 23, 2017
futures

Nikkei rises on Japanese ruling party win, most of Asia up

TOKYO (AP) — Asian stocks were mostly higher Monday, with Japan's benchmark rising on the back of an election victory by the prime minister's ruling party, which had promised stability and growth. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 1 percent in morning trading to 21,674.41. Australia's S&P/ASX 200 inched up 0.1 percent to 5,913.30. South Korea's Kospi added nearly 0.1 percent to 2,490.99....

October 23, 2017
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

Search continues for crew after barge fire off Texas coast

PORT ARANSAS, Texas (AP) — The U.S. Coast Guard is searching for two missing crew members from a barge that caught fire off the Texas coast. Coast Guard spokeswoman Jennae Steinmiller says that emergency responders also worked to contain the spread of oil from the barge, which was nearing Mustang Island, about 14 miles from the site of Friday morning's explosion. A Port Aransas city official told The...

October 21, 2017
futures

AP FACT CHECK: Trump on military death, and taxes

WASHINGTON (AP) — President Donald Trump's boast that he surpasses his predecessors in consoling families of the fallen proved empty this past week as many stepped forward to say they'd never heard from him after losing their loved ones in military service. The suddenly fraught and politically charged subject overshadowed other misfires from the president, on taxes, hurricane relief and more. A look...

October 21, 2017
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

Wildfires plunge vineyard workers, owners into same struggle

SONOMA, Calif. (AP) — When the wildfires ignited, vineyard workers stopped...

October 21, 2017
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

Google parent turns on internet balloons in Puerto Rico

MENLO PARK, Calif. (AP) — Google's parent Alphabet Inc. said...

October 21, 2017