In 2018, Amazon paid $0 in U.S. federal income tax on more than $11 billion in profits before taxes. It also received a $129 million tax rebate from the federal government. Amazon’s low tax bill mainly stemmed from the Republican tax cuts of 2017, carryforward losses from years when the company was not profitable, tax credits … Read more
U.S. stock index futures were little changed early Thursday, as investors remained focused on talks over a trade deal between the world’s two largest economies. Around 7 a.m. ET, Dow Jones Industrial Average futures indicated the average would open up about 20 points. Futures on the S&P 500 and Nasdaq also were also nearly flat. Market … Read more
Today the markets were all over the place. Stocks were higher out of the gate after the Financial Times reported that a trade deal is almost done. There are still some items to be ironed out – China wants the U.S. to remove existing U.S. duties on imports and the U.S. wants China to agree … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market Free TheoVideo Report – for Wednesday, April 3, 2019 by Don Kaufman A broad based rally extends stock market gains closer to all time highs. The most important sector, the financials, are still lagging. With the XLF … Read more
Stocks are trading higher this afternoon… in what is quickly becoming a dull market. That said, I don’t trade index ETFs like the QQQ or the overall market. However, I follow it because I’m interested in sentiment and trends. You see, one of the most important skills as a trader is picking up on trends … Read more
Stocks are off to a good start this morning, as all major indices are pointing higher. However, this is what some traders would call a “dull market”. After all, the VIX, the market’s fear index is now below 13 (it was 36 last December)… But you know what? This is actually great for us. Why? … Read more
U.S. stock futures rose Wednesday on optimism over U.S.-China trade talks. As of 7 a.m. ET, Dow Jones Inudstrial Average futures indicated a gain of more than 70 points at the open. S&P 500 and Nasdaq futures also rose. American and Chinese officials are reportedly closing in on a trade deal, having resolved most of … Read more
Stocks were quiet today after yesterday’s strong to start to April. The S&P is just 2% away from its record high. But today the index went nowhere and the major indices ended the day mixed. The NASDAQ was the clear leader today, finishing with a 0.3% gain. The index was helped out by Facebook (FB) … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market Free TheoVideo Report – for Tuesday, April 2, 2019 by Corey Rosenbloom We’re starting the second quarter of 2019 and taking a quick look at where markets stand right now. Join Corey as he walks you through … Read more
Price action today is choppy in the markets, after a strong start to the new quarter yesterday. How the general market behaves rarely matters in my trading. You see, my focus is on penny stocks- often companies that trade for less than one dollar per share. My trading system works best for those who have … Read more