Did You Know – Edition 7
June Market Outlook:Optimists Face Key Test in NewMonth Amid State Reopenings read the entire article at:https://tickertape.tdameritrade.com/market-news/what-to-watch-june-coronavirus-tariffs-earnings-18125 The stock rally accelerated in April and May amid reopening optimism even as the economy’s brakes slammed. June could help clarify whether the market anticipated things right or got a bit ahead of...
Did You Know – Edition 6
Coronavirus Aid, Relief and Economic Security (CARES) additional highlights Extended Deadline for 2019 Tax Filing andContributions The federal deadline for filing your 2019 tax returns and making payments has been extended to July 15, 2020. Along with the tax-filing extension comes the ability to make later 2019 contributions to...
Did You Know – Edition 5
Facing a Recession and BearMarket? Avoid 3 MistakesMany Investors Make Report by Bruce Blythe read full article at:https://tickertape.tdameritrade.com/market-news/bear-market-recession-investing-rebound-18045 What’s Different About the Most Recent Bear Market and Economic Slump? In a word or two: speed and volatility. The S&P 500 took only 22 calendar days to sink into bear...
Did You Know – Edition 4
Earnings Season Off to a Rough Start, But Overall Selling Pressure May Be Moderating read the full article at:https://tickertape.tdameritrade.com/market-news/weak-bank-earnings-crude-lower-18059 written by JJ Kinahan, Chief Market Strategist, TD Ameritrade (Wednesday Market Open) After rallying yesterday, the market seems to be in a more somber mood this morning as signs of...
Did You Know – Edition 3
FEDERAL RESERVE TAKES ADDITIONAL ACTION TO PROVIDE UP TO $2.3 TRILLION IN LOANS TO SUPPORT THE ECONOMY On Thursday the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy. Funding will assist households and employers of all sizes and strengthen the...
Did You Know – Edition 2
Coronavirus Aid, Relief, and Economic Security CARES Act Establishes $2.2 Trillion Financial Backstop to U.S. Economy in Time of Crisis article was written by Matt Pate and is a work produced by the Nautilus Group On March 27, 2020, the U.S. Congress passed, and the President signed into law,...
Did You Know – Edition 1
THE C.A.R.E.S. ACT (CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT)WAS SIGNED INTO LAW. Coronavirus Related Distributions The law waives the 10% tax penalty onwithdrawals up to $100,000 from a retirementplan for an individual who: Is diagnosed with COVID-19; Is diagnosed with COVID-19; Whose spouse or dependent is diagnosedwith COVID-19;...