February 21, 2017: Markets opened higher Tuesday following a mixed Friday close. Solid earnings reports from Macy’s, Home Depot, and Wal-Mart all gave the pre-market session a boost. All 11 S&P sectors traded higher with less than an hour to go before the closing bell led by real estate and utilities. WTI crude oil for April delivery settled at $54.33 a barrel, up 1% on the day. April....More>>>
My nest egg is invested in a relatively simple portfolio of stock and bond index funds. What’s a reasonable rate of return for me to expect in the future? –Paul
You ask an important question. Clearly, the returns you earn will affect such issues as how much you need to save each year to build a nest egg large enough to support you in retirement and how much you can reasonably....More>>>
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Monday, December 12.
The markets keep rocketing higher. But could there be dents in the armor of this Trump rally?
Mad Money’s Jim Cramer detailed what could derail the market’s move up. He asked, “Could this be the week that it all comes too much” for Wall Street?
The most frequent question tax advisors hear from taxpayers is “What’s my tax bracket?” The truth is, for most of my clients I am not able to answer that question unless I respond, “It depends.”
For most of my career in tax preparation, we were able to rely on the annual Tax Rate Schedule found in IRS forms and publications. We would refer to page two of....More>>>
A good way to find new stock ideas is to scroll through the Zacks Industry Rank page. From this page you can see the breakdown of 252 different industries and then drill down to the stocks in each industry.
This can help you locate industries that are trading more along the lines of value stocks (those with low forward PE and low book values) and those that have higher earnings growth....More>>>
15 Most Overlooked Tax Deductions: 2017
Fed Raises Rates; So What Should Clients Do?
Commission Clients Dont Favor Switch to Fees: J.D. Power
The Trump administration’s pledge to slash the corporate tax rate faces an immovable obstacle: how to pay for the lost revenue that would come from the cuts.
On the campaign trail, President Trump vowed to cut the corporate....More>>>
JPMorgan’s Cory Kasimov and team offer their advice on playing the biotech selloff, which has continued today with the iShares Nasdaq Biotechnology ETF (IBB) having tumbled more than 3% today:
Biotech stocks remain volatile and are down meaningfully relative to the broader markets (Nasdaq Biotech Index: -22%; S&P 500 -6%) with the Big 4 clearly outperforming the group (down only....More>>>
Related CIG Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide Mid-Day Market Update: Nektar Surges After Positive Results From NKTR-181 Study; Cerulean Pharma Shares Drop Related PAM Mid-Morning Market Update: Markets Open Higher; Groupe Casino Offers To Buy Cnova ....More>>>
U.S. auto-sales may be topping out, but General Motors says 2017 will still be a good year.
GM expects it to be more profitable than 2016 — largely thanks to sales overseas, specifically in China. The news sent GM shares up more than 4% on Tuesday.
The strong outlook is notable given that the industry’s sales have been expected to level off after 7 years of strong....More>>>
U.S. equities continue to push to new record highs on Tuesday as Wall Street returns from a long holiday weekend. News flow is light, with focus dominated by headlines out of Washington D.C. as the war of words between the media and President Trump continues.
No major catalysts are in play Tuesday, as large caps enjoy their 12th straight rally out of the 14....More>>>