Well see for yourself. Here is a Yahoo Finance chart comparing the AIEQ (The AI Powered Equity ETF) vs SPY, DIA and QQQ for the past 3 months.
https://goo.gl/LbJZfr
U.S. unemployment, very low; interest rates at record low levels; business regulations being cut; corporate taxes cut; world-wide economic climate very good.
What macro economic worries are your referring to?
XLF is the most widely used financial ETF, by far. It includes major banks, midsize banks, insurance companies and brokerage firms. If you want a purge play on banks use the KBE etf, or for a pure play on midsize banks use the KRE etf.
Google "Estimated tax safe harbor"
Example, from Forbes mag:
Estimated tax safe harbor rule. If your 2016 adjusted gross income (AGI) was more than $150,000 ($75,000 if you are married filing a separate return), you must pay the smaller of 90% of your expected tax for 2017 or 110%* of the tax...
It doesn't matter what language is being used because TWS wasn't the problem. The problem was on the IB server side, not the client side. Specifically IB was not sending out any price data, so TWS had nothing to display. Those who use the IB Gateway instead of TWS could trade, as long as they...
While the Republican moves, especially the corporate tax cuts and elimination of regulations has helped, I am surprised that the US stock market didn't do better than it did in 2017. Yes the S&P 19.4% return in 2017 was very nice, but it was only slightly better than the 16.3% average for...
I use IB's Gateway and their API to place orders, and on Friday both were working fine. Note that I use NxCore for my realtime price data, not IB. For those that use IB API with their own custom software, consider switching from TWS to the IB Gateway. Much more reliable, and the Gateway can...
I believe that having a backup brokerage account is more trouble than it is worth for all but the largest traders. More account management work, more tax prep work, and it reduces the available balance for doing single, large transactions. Plus remember that having two brokerage accounts means...
I am interested in why IB started charing you pro fees for market data. Did you check the professional boxes in the user profile? Or are you registered with IB as a company instead of an individual?
Sorry but you lose both ways. Health insurance that you pay for out of your own pocket is not deductible, unless you have your own LLC or C-Corp. If you are not covered on any other health insurance plan, one thing that you can do if you move fast before Dec 31st is to set up and fund a Health...
As someone pointed out, the new tax law takes affect in 2018. What you need to worry about right now is what moves you can make next week to minimize you 2017 taxes. If applicable, go pay prepay your property taxes and state estimated taxes.
Ballsy move. No one knows in which direction the price of Bitcoin will go, but if the price keeps falling, panic will set in. Those neophytes who bought Bitcoin recently only because they heard people were making lots of money will be looking to get out real quick. Those who bought months ago...
If you want to short someone, short the exchanges. I have read that they make more from colocation fees than they do from trading fees. On the other hand, the exchanges, HF traders and hedge funds have so much political power, that I seriously doubt that this lawsuit will succeed. The...
Have you selected their Tiered Commission option? If not, and you meet their minimum transaction count requirements, you could cut your commission in half.
That is about as ignorant a comment as I have ever seen on EliteTrader. First Mexico is in North America, not Central America. Second, I have been to Mexico 8 times, all on business and all in Mexico City. True there are some extremely poor parts of the city, but there were also parts, both...
You did not list any time zone limitations east of central time, so I will assume that you want to stay roughly close to the USA east coast time for trading purposes. That rules out all of Europe, Asia and Australia, unless you want to be trading in the middle of the night.
In the USA, I...
Yes ETF bid/ask prices can drift from the NAV, but usually less than 0.2%. On very thinly traded ETFs, it is possible for the difference to be substantially higher, especially if the ETF is not shortable. I have never seen an ETF with a 2x difference, but I have seen over 3%. Usually that is...