Weekly Market Recap: A Turnaround in Sentiment
Monday: A cautious start to the week saw mixed results among the Major Indices. The Dow dipped by 0.4% amid looming economic updates, while the S&P 500 barely moved, and the Nasdaq edged up by 0.2%. Tuesday: Investor spirits lifted as Producer Price inflation data came in softer than expected, prompting gains across the board. The Dow rose by [...]
THE BEST STOCKS AT A BETTER PRICE
Written by: Angela Akers A softer core Producer Price Index reading sparked a rally Tuesday, but an expected reading on Consumer Prices didn’t have the same, desired effect Wednesday and prices closed only modestly higher. Better-than-expected Retail Sales soothed investors’ fears on Thursday, and they began buying again. After several weeks of red and yellow lights, we saw our [...]
Covered Call ETFs: What is the Best ETF to Sell Covered Calls?
It seems as if you’re always forced to compromise in picking income investments - you want high yields, but you also want to avoid risk. Maintaining low fees as part of your investment strategy is also a concern. There are few options available that check all these boxes, but there is one that offers a good balance: covered calls. We [...]
Rivian Shares Fall Amidst Production Stoppage for Amazon Delivery Vehicles: Is it Time to Sell RIVN?
Rivian (RIVN) announced that it has been forced to pause production of the electric vehicle fleet it manufactures for Amazon as it’s having supply chain challenges. Shares have fallen 8% in the last week on the news. This has been an ongoing issue since the start of the month as the company’s Normal, Illinois facility has not been able [...]
Nvidia Surges Ahead of Rivals Leading into Q2 Earnings: 3 Reasons to Buy NVDA Today
Nvidia (NVDA) had been on a torrent pace over the past few years and was due for a reversal, which we saw manifest over the past month. The stock fell from $134.93 to just $98 in a 4-week window, prompting the first real bearish outlook on NVDA in as long as we can remember. But the stock has rebounded [...]
Taxes on Covered Calls: Everything You Need to Know About Covered Call Taxes
Earning high returns is always the goal of selling covered calls, and when you follow our advice and pair VectorVest with OptionsPro, you’ll set yourself up for more profits with less work and stress. However, the additional income you earn will also increase your tax burden. After all, the government isn’t going to let you make a decent living without [...]
