SPY Officially Ready?

While all eyes have been on the Nasdaq, don’t let the SPY surprise you with what’s setting up here. John Carter John Carter’s father was a Morgan Stanley stock broker. One day during high school, John came home from the mall where he was working at a store making cookies. He had saved up $1,000 … Read more

This investment-fee tax break is gone. What that means for your IRA

Here’s some bad news for investors who appreciate a good tax break: You are no longer permitted to take deduction expenses tied to your investments. The Tax Cuts and Jobs Act, which went into effect this year, eliminated a slate of itemized deductions. Breaks that are now out the window as of 2018 include the … Read more

Minesh Bhindi Property Profits for Life – The NEW way of owning Real Estate?

Real Estate is by far one of the most important assets in a portfolio. It is proven to be the single most important asset for passing wealth on through generations for a legacy. But, let’s face it, the work involved just sucks! You have mortgage brokers, lawyers, tenants, property management agents…It’s like, you decide to … Read more

Here are the 4 things that are moving the markets right now

There was a a lot of news to move the market, but stocks struggled to find direction throughout the week. Here’s what traders were focused on: Trump & Kim – The meeting had a bigger impact on media headlines than the market. But President Trump’s historic meeting with Kim Jong Un had everyone’s attention at the … Read more

The Death of the Financial Advisor | John Thomas – The Mad Hedge Fund Trader

1) The traditional financial advisor model is dying off 2) Banks are cutting commissions while adding costs 3) Banks are also scaling back product offering to reduce liability 4) Traditional brokers are fleeing banks to go independent 5) There’s no room for financial advice for poor people About one-third of my readers are professional financial … Read more

Stock Market Update for Thursday, June 14th, 2018

Traders continued to digest yesterday’s Fed Statement, after the Fed raised rates for the 2nd time this year. Stocks jump early but finished the day mixed. The NASDAQ was the clear leader today with a 0.8% gain, closing at a new record high. — TRENDING NOW— FREE STOCK TRADING WEBINAR Experienced Biotech stock investor, Kyle Dennis, will be … Read more