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 [...]
Starbucks New CEO Appointment Sends Shares Higher, But is it Enough to Earn the Stock a BUY?
Starbucks (SBUX) let CEO Laxman Narasimhan go barely a year into the job, replacing him with previous Chipotle Mexican Grill CEO Brian Niccol. After the stock lost as much as 20% through 2024, this was the turnaround investors had been desperate for. The stock gained 23% on the news. The news sent Chipotle shares (CMG) nearly 8% lower as [...]
Recent market volatility and what it means for future investing
In the last few weeks, the markets have experienced a level of volatility not seen for an incredibly long time. Even though volatility isn’t a new idea for investors, and historically markets have eventually always returned to upward trajectories, sharp movements have also always had the potential to spook. In fact, sometimes, periods of volatility can shift the investment [...]
Rumble’s Q2 Earnings Send Shares Higher on User Growth, But It’s Not Quite Time to Buy RUM Yet
Rumble Inc. (RUM) disclosed its second-quarter earnings results sending shares 5% higher so far Tuesday morning. The video-sharing and cloud services provider has sought to democratize the internet, and users are getting on board. Revenue was up 27% from the first quarter to $22.5 million, but slightly down year over year. The company reported $25 million in revenue in [...]
Disney Has Fallen 57% From its Peak in 2021, But You Shouldn’t Buy the Dip: 3 Reasons to Avoid DIS
Shares of Walt Disney (DIS) are down more than 57% from the high we saw in 2021, and stock is down 18% in the past 3 months alone. While some look at this dip as a buying opportunity, we see reasons to steer clear of DIS for the time being. The company has been the center of turmoil and [...]
INVEST IN YOURSELF
Written by: Angela Akers Talk of a recession resurfaced late last week following some downtrodden economic data and Friday’s sell-off continued Monday. As I’m sure you’re all aware, the rest of this week has been a rollercoaster ride. Just 7 trading days into August, the Major Indices have lost an average of 3.8% and the Price of the VVC [...]
