The Traderszone Network

30 March, 2017 by The TZ Newswire Staff Comments Off on Unlocking Saudi Arabia’s treasures means going beyond oil

Unlocking Saudi Arabia’s treasures means going beyond oil

As Saudi Arabia opens its door wider to foreign investors, here’s where opportunities lie.

30 March, 2017 by The TZ Newswire Staff Comments Off on Here’s Why the Best Is Yet to Come for Home Depot Inc

Here’s Why the Best Is Yet to Come for Home Depot Inc

You may have heard that the retail industry is in tatters.

For the vast majority of brick-and-mortar chains, that’s true. Department stores are shedding profits as fewer customers visit their local mall. Apparel companies are struggling as they face increasing competition from e-commerce operators like Amazon (NASDAQ: AMZN) and fast-fashion chains like H&M, and bankruptcies have hit a range of sectors from sporting goods to apparel to electronics.

Image source: The Motley Fool.

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30 March, 2017 by The TZ Newswire Staff Comments Off on "He Certainly Has A Story To Tell" – Statement From Mike Flynn’s Lawyer

"He Certainly Has A Story To Tell" – Statement From Mike Flynn’s Lawyer

Hot on the heels of the WSJ report that Trump’s former National Security Advisor, Mike Flynn, has offered to testify in exchange for immunity from prosecution, Flynn’s lawyer, Robert Kelner of the law firm Covington, issued the following statement, in which judging by Kelner’s language, Flynn’s offer is not so much to “turn” on Trump, as to set the record straight, while putting an end to the ongoing “media witch hunt”, to wit:

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30 March, 2017 by The TZ Newswire Staff Comments Off on Barry Bannister’s Comprehensive Macro Outlook Suggests Bear Market in 2019

Barry Bannister’s Comprehensive Macro Outlook Suggests Bear Market in 2019

The main theme of Bannister’s outlook puts a target for the S&P 500 at 2,500 in 2017, followed by a top in 2018 and a bear market the year after. His forecast is largely based on the idea that we are three years into a Fed tightening cycle when looking at the “Shadow Fed Funds rate”…

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30 March, 2017 by The TZ Newswire Staff Comments Off on Is MTM required for Sched C deductions?

Is MTM required for Sched C deductions?

Hi,

I’m an active trader who fits all the requirements for filing with trading status, but have elected not to use the MTM election. Does this mean I won’t be able to take Schedule C deductions?

I’ve read many conflicting opinions about this and the IRS tax topic is confusing.
https://www.irs.gov/taxtopics/tc429.html

Specifically, it states:

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30 March, 2017 by The TZ Newswire Staff Comments Off on Australia, private sector credit for February: 0.3% m/m (expected +0.5%)

Australia, private sector credit for February: 0.3% m/m (expected +0.5%)

Private sector credit, February
+0.3% m/m, missing on estimates
– expected +0.5%, prior 0.2%
And +5.0% y/y
– expected 5.3%, prior 5.4%
mmmm computer crash … grrr … this from the Reserve Bank of Australia release:

30 March, 2017 by The TZ Newswire Staff Comments Off on Flashback: Mike Flynn said immunity probably equals guilt

Flashback: Mike Flynn said immunity probably equals guilt

Past comments show that Donald Trump’s former national security adviser once associated immunity with guilt.