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

A robot that picks apples? Replacing humans worries some

SPOKANE, Wash. (AP) — Harvesting Washington state's vast fruit orchards each year requires thousands of farmworkers, and many of them work illegally in the United States. That system eventually could change dramatically as at least two companies are rushing to get robotic fruit-picking machines to market. The robotic pickers don't get tired and can work 24 hours a day. "Human pickers are getting scarce," said Gad Kober, a co-founder of...

April 28, 2017
futures

Wait for calorie count on burgers, pizza may get longer

WASHINGTON (AP) — Consumers hoping to consistently find out how many calories are in that burger and fries may have to wait — again. New government rules to help people find out how many calories are in their restaurant meals are set to go into effect next week after years of delays. But they could be pushed back again if grocery stores, convenience stores and pizza delivery chains get their way. Originally passed as part of the health...

April 28, 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

Trump to sign order aimed at expanding offshore drilling

WASHINGTON (AP) — Working to dismantle his predecessor's environmental legacy, President Donald Trump plans to sign an executive order Friday that could lead to the expansion of drilling in the Arctic and Atlantic oceans. With one day left to rack up accomplishments before he reaches his 100th day in office, Trump will order his interior secretary to review an Obama-era plan that dictates which locations are open to offshore drilling, with the goal of the new administration to expand operations. It's part of Trump's promise to unleash the nation's energy reserves in an effort to reduce reliance on foreign oil and to spur jobs, regardless of fierce opposition from environmental activists, who say...

April 28, 2017
futures

Trump's gyrations on NAFTA cause a flurry of head-scratching

WASHINGTON (AP) — President Donald Trump campaigned on an "America First" trade policy of bracing clarity: Renegotiate or abandon NAFTA and crack down on China's trade practices. Yet so far, his trade policy has produced mostly confusion and division, even among fellow Republicans. At stake may be the president's credibility over whether and how he will deliver on his campaign vow to undo decades of American...

April 27, 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

Facing deadline, most Wisconsin dairy farms find new buyer

MADISON, Wis. (AP) — A dairy group says most of Wisconsin's 58 dairy farms desperately looking for new milk buyers before a Monday deadline have found them. The Dairy Business Milk Marketing Cooperative said in a news release Thursday the group believes most farmers dropped by Grassland Dairy earlier this month found new buyers. Grassland notified the farms it'd stop buying their milk May 1 after Canada...

April 27, 2017
futures

2 restaurants abandon no tipping policy, say orders down

PORTLAND, Maine (AP) — A couple of restaurants in Maine are abandoning their no tipping policy. The Portland Press Herald ( http://bit.ly/2pDO7VB ) reports chef Cara Stadler of BaoBao Dumpling House in Portland and Tao Yuan in Brunswick abandoned the experiment because of declining restaurant revenue. Stadler announced the no tipping policy in October. Her restaurants paid servers on an hourly...

April 27, 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

Exxon fined $20 million for emissions from Texas plant

BAYTOWN, Texas (AP) — A judge has ordered Exxon Mobil to pay a penalty of...

April 27, 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

Montenegro says Russia banned its wine over NATO accession

PODGORICA, Montenegro (AP) — Montenegro's prime minister says Russia has...

April 27, 2017