Daily Trade

Do you pay over half the cost of supporting a parent? If so, your parent is your dependent for federal income tax purposes. As such, you may be entitled to some meaningful tax breaks. Here’s the list. Favorable head of household filing status For unmarried individuals, a common (and expensive) error is filing as a

Investors are frequently advised to put their emotions aside when buying or selling stocks. However, I believe the problem with Palantir Technologies (NYSE:PLTR) is that too many investors are caught up in their “feels.” That’s the only explanation I can think of for the rollercoaster ride that’s been PLTR stock since its direct listing.  

Weddings and marriage are top of mind for me these days. A few weeks ago, my niece was married, and in another two months, my nephew will also marry. Both weddings had been postponed from last year due to the pandemic. Another nephew just sent me a save the date for next spring. Celebrating love

Churchill Capital Corp IV (NYSE:CCIV) possibly marked the peak of the frenzy surrounding special purpose acquisition companies (SPACs) this past year. However, CCIV stock has recently remained depressed after its significant fall from an all-time high of $64.86 in February. Source: gg5795 / Shutterstock.com To me, this does not come as a surprise. At just

Traditional vice sectors like tobacco and alcohol are investing heavily in the emerging legal cannabis industry, but commercial cannabis companies can’t quite act like they’re selling cigarettes or beer. Maybe they should think more like ice-cream companies. On a trip with his children to visit the Ben & Jerry’s ice cream factory in Vermont, Bradford Sodowick, who

Before the novel coronavirus pandemic upended our paradigm, financial advisors bemoaned that millennials and Generation Z were falling behind prior generations regarding achieving certain financial milestones. Suddenly, though, the public health crisis incentivized everyone to look to the market for wealth enhancement. Amid this baptism of fire, one trading tactic has been emblematic of this

“ “Hi, I’m Oliver Daemen, and I will be joining Jeff Bezos, Mark Bezos and Wally Funk on the first flight of New Shepard. I am super excited to go into space and joining them on the flight.”  ” That was the 18-year-old Dutch student making headlines this week for becoming a last-minute addition to

ContextLogic (NASDAQ:WISH) stock hit the market via an initial public offering (IPO) in 2020. In January, it delivered nice returns for shareholders when it reached a 52-week high of $32.85 per share. But shares have since declined to their current price of $10. That’s a loss of nearly 70%. Source: sdx15 / Shutterstock.com ContextLogic is

European stocks rose modestly on Friday, as investors kept watch on the fast spreading delta variant of the coronavirus that causes COVID-19, and absorbed a fresh batch of earnings. U.S. stock futures were steady ahead of retail sales data. The Stoxx Europe 600 index SXXP, +0.19% rose 0.2% to 452.21, with similar gains for the

Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting

Hi there, MarketWatchers. Don’t miss these top stories. Why people are having trouble turning their second homes into dream homes Think you can turn your second home into your dream home? Think again. A shortage of labor, lumber and other materials is prolonging renovations and inflating prices. Read More This city has the most expensive

I have to admit, you have to admit – almost anyone with hope for a Rust Belt recovery would have to admit – that the story of Lordstown Motors Group (NASDAQ:RIDE) and RIDE stock warmed the heart. What a promise for the Heartland! All signs pointed to success for the effort, which promised to convert a

European stocks mostly fell on Wednesday as oil prices dropped and investors weighed up a slowing of growth in China. U.S. equity futures were mixed as investors mulled dovish comments from Federal Reserve Chairman Jerome Powell. The Stoxx Europe 600 index SXXP, -0.15% fell 0.3% to 459.30, the German DAX DAX, -0.49% dropped 0.6% and

Although Coupang (NYSE:CPNG) is one of the most intriguing names in business because of its remarkable ascent, I had reservations about the company when I last wrote about in April of this year. It wasn’t an easy article to write since I covered it when CPNG stock was a private equity play; thus, I had

As sea level rises, it can be easy to miss the subtlety of higher water. It’s much harder to overlook saltwater more frequently flooding streets, impeding daily life and making existing problems worse. The frequency of high-tide flooding along the U.S. coasts has doubled since 2000, and it’s expected to increase five to 15 times

My view of IBM (NYSE:IBM) stock is quite mixed right now. The tech giant’s cloud business has rebounded under its new CEO, Arvind Krishna, but my positive thesis on IBM stock has a second component: the strong management and sales skills of Jim Whitehurst, the former CEO of the highly successful start-up Red Hat. Source:

You’d think this guy would know better. A Virginia tax preparer was convicted of failing to file tax returns for himself for five years, as well as preparing false tax returns for many of his clients. Karl Burden-El Bey, 65, of Hampton, Va. was found guilty by a federal jury of not filing any tax

Call it a safety stock, or an all-weather investment. Through thick and thin, McDonald’s (NYSE:MCD) provides comfort food – and comfort when markets turn sour – as MCD stock is a dividend yielder that’s appropriate for just about any portfolio. Source: Nixx Photography / Shutterstock.com Sometimes people feel that the markets are due for a correction,

Retirees and near-retirees may not need to reduce or eliminate their fixed income exposure out of a concern for higher global inflation and interest rates. I say that not because they’re wrong to believe that higher inflation and interest rates would be generally bearish for bonds. But retirees may be overlooking the bond market of

The short-squeeze rally in meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) is poised to go down in financial history books in terms of shareholder gains. However, a short squeeze is only a temporary phenomenon if the underlying business lacks solid fundamentals. This would be true even for GameStop and AMC if their sky-high