2 Big Weeks of Corporate Earnings / Feels Great to be PROUD!
2 Big Weeks of Corporate Earnings 73 S&P 500 companies have reported 3rd quarter earnings with 84% beating consensus expectations. This week we’ll hear from 125 S&P 500 companies, with 46 on Thursday. Amazon reports on Thursday which will give us an indication of how consumers are spending. The week following is actually the week […]
Markets Snap 3-Week Win Streak on Meeting Cancellation & Oil Prices Spike 15% in 1 Day!
China Cancels Meeting Sends Stocks Lower It appeared the markets were going to close flat for the week after last Thursday, which would have been a positive after 3 weeks of gains. Last Friday, China was all set to meet with farmers in Montana and Nebraska and then decided to cancel… sending stocks down for […]
The Back and Forth Market Continues…
The Back and Forth Market Continues… August is now in the books, and good riddance. After hitting the yearly high in July, August was a back and forth market based on the rhetoric of our trade war. Negative information punished the markets, and words suggesting trade war improvement moved us higher. The negative, however, certainly […]
Major Earnings Week, but does it matter?!
Major Earnings Week, but does it matter?! 1/3 of the S&P 500 companies will report 2nd quarter earnings this week! Normally, this many earnings reports would sway markets one way or another. I don’t expect based on earnings reports alone that much movement will occur, but who knows!!! So far out of 79 S&P […]
Mexico + China = Earnings Impact?
Mexico + China = Earnings Impact? Markets Last Week What really matters to the markets? Does the fact that we in the US are paying more for Chinese Goods matter? Does it matter that we apparently have a new agreement with Mexico? It all comes down to how these issues impact corporate […]
Tariff Increase – Markets – A Rate Cut? – Iran
The stock market’s been melting higher, anticipating an end (or at least a temporary halt) to the China trade war. Well, last week the markets were a bit disappointed as the U.S. increased the current 10% tariff to 25% on $200 Billion of Chinese Imports. China immediately responded, not surprisingly, with a $60 Billion Tariff […]
Charitable Contributions for 2018 Qualified Charitable Distributions (QCD) Income Tax Savings, 6 Benefits, and 5 Rules
Charitable Contributions for 2018 Qualified Charitable Distributions (QCD) Income Tax Savings, 6 Benefits, and 5 Rules Want to make Charitable Contributions? Not sure about the benefits and rules? In 2017, 37 million income tax returns reported charitable donations. In 2018, that number is widely expected to decrease. The reason is the Tax […]
Required Minimum Distributions
Required Minimum Distributions Why do we have Required Minimum Distributions (RMD) from our retirement accounts? The purpose of the RMD rules is to ensure people do not accumulate retirement accounts, defer taxation, and leave these retirement funds as an inheritance. Instead, Required Minimum Distributions force the holder to withdraw a portion of the […]
