The Ease of Movement (EMV) indicator measures the degree to which prices can be moved by a lower volume of trading. It was developed by Richard Arms, inventor of the Arms Index, which also attempts to quantify the relationship between price movements and volume. High positive values indicate a present tendency for prices to increase on low volume, and larger negative values indicate that prices are slipping lower but with relatively low trade volume. Continue reading...
W.D. Gann developed a suite of technical analysis tools around the 1930s, with Gann Fans being among the most essential in his toolkit. Gann fans are a collection of lines placed on a price chart that, in theory, help traders gauge potential price changes. Gann theorized that prices were likely to be sequentially bound by markers; that is, if a price broke through one marker, it would be likely to use the next ones as its new support or resistance level. The range between the lines gets wider the further they extend from the origin, which makes Gann fans suitable for long-term charting in which the number of traders and the size of total market cap grows over time. Continue reading...
There have been many incidents where cryptocurrency has been stolen, but the Mt. Gox incident is the largest to date Mt. Gox was at one time the largest cryptocurrency exchange on the net, facilitating as much as 80% of global bitcoin trades, according to some sources. And then about 850,000 bitcoin suddenly went missing. At the exchange rate in 2014, when the problem came to light, that many bitcoin were worth about $450 USD. At the time of this writing, with Bitcoin at a high in 2017, that man... Continue reading...
The cryptocurrency community has opened up creative options for making money in the form of lending platforms. A few forms of lending exist for cryptocurrencies at the time of this writing. One way to do it is to make your funds available in a lending market facilitated by an exchange, such as Poloniex, where you can name your interest rate and allow other traders to use your funds for trading on margin. Continue reading...
The Herrick Payoff Index is one of the only technical indicators to combine price, volume, and open interest data for the analysis of futures, commodities, and derivatives. The Herrick Payoff’s main function is to elucidate whether money is flowing into – or out of – the derivative instrument in question. It can be useful for spotting divergences that may occur before prices change direction, or for confirming price trends. Continue reading...
Many examples of open-source software exist today, including the code for Bitcoin and other cryptocurrencies. “Open-source” describes software or code that is available for anyone to use, modify, study, or share without incurring any cost. In most cases, the open-source software has been created through unrestricted and collaborative community involvement, which is sometimes called “crowd-sourced.” The word “source” in this case refers to the source code that lays the foundation for software programs. In some cases, the same source code can be used as the foundation for many different software applications built on top of it. For example, the Valve Corporation’s game engine code, ironically named Source, has been used to create approximately 50 different games, many of them by independent developers using the open-source code. Continue reading...
IRS Link to Form — Found Here Interest income, such as that paid in certain bank accounts and government bonds, will be reported to the taxpayer and the IRS by the payer of the interest income. Form 1099-INT is the form used by these businesses or entities to report the income. Interest income from bonds and interest-paying bank accounts, such as savings accounts, and certain investments, will be reported on Form 1099-INT. The payer of the interest will submit the form to the IRS even for very small amounts of interest payments. Continue reading...
Form 1099-NEC, the Internal Revenue Service's (IRS) designated form for reporting nonemployee compensation, plays a vital role in the financial landscape of businesses and independent workers alike. This article aims to demystify this crucial form, explaining its purpose, key features, and how to navigate it efficiently. Form 1099-NEC is the IRS's solution to the confusion surrounding income and compensation reporting. Before 2020, all nonemployee compensation was reported in box 7 of Form 1099-MISC, causing headaches for many payers who faced dual-filing deadlines. Continue reading...
IRS Link to Form — Found Here Distributions from qualified educational accounts such as 529s will be reported on a 1099-Q. This will be submitted by the institution serving as the custodian of the account. Qualified tuition programs (QTPs) might include Coverdell Educational Savings Accounts (ESAs) or 529 plans, and distributions from these plans are not taxable when used for qualified educational expenses, such as college tuition. Continue reading...
IRS Link to Form — Found Here Sources of retirement plan income, such as pensions, annuities, and IRAs, will be associated with a 1099-R filing. The form is filed by the company making the distribution. The taxpayer uses the information on it for when filing income taxes. The IRS receives Form 1099-R from the companies making distributions from retirement plans. They have categorized all annuity contracts as retirement plans by default, so those are included, as are pensions, profit sharing plans, other forms of employer-sponsored retirement plans, cash-value life insurance distributions, and individual retirement accounts (IRAs). The company making the distribution sends the 1099-R to the IRS and the account owner. Continue reading...
Core mutual funds represent the middle ground between Value and Growth, but are not the same as Blend funds. Core Mutual Funds are in between Growth and Value funds. In other words, companies in their portfolio have Price to Earnings ratios which are higher than those of Value companies but lower than those of Growth companies. This category is essentially based on the 9-box Morningstar categorization system, which separates equity funds into Small, Mid and Large Cap on the vertical axis and Value, Core, and Growth on the horizontal axis. Continue reading...
"Mastering Form W-2: Your Ultimate Wage and Tax Guide" Unlock the mysteries of Form W-2! 📑 Dive into this comprehensive guide that explains its significance, how to file, decode its contents, and more. Get a handle on your taxes with this must-read guide. 💼💰 #TaxSeason #W2Guide Continue reading...
Initial Coin Offerings are ways for new cryptocurrency or other technology companies to raise capital and put their coins into circulation. For companies too small to attract the attention of a big investment bank, this may be the best option for “going public.” In initial coin offerings, as opposed to using venture capital and initial public offerings of stock in regulated markets, the new company doesn’t actually give up any of their equity (i.e., control) in the company to third parties. Continue reading...
Each state has different stipulations concerning what defines a corporation, but there are some commonalities across the country. Businesses must file Articles of Incorporation with the Secretary of State in the state of their home office, which detail the proposed structure of the business, before their status as a corporation can be approved. Each corporation is going to be different, of course, and each state has slightly different laws delineating the structure and bylaws that corporations must adopt. Continue reading...
If your balance sheet is a relatively simple one, and you have very little or no debt, then it may be fine to simply use a trusted online resource. More complicated wills usually require the help of an attorney who can help you and guide you through the process. Be warned though: hiring an attorney will not be cheap, but it may very well be worth the cost in the long run. Do I Need Professional Help to Prepare a Will? How Much Does it Cost to Prepare a Will? Continue reading...
In the vast world of forex trading, understanding currency pairs is essential for investors looking to navigate the global financial markets. One such key pairing is USD/JPY, representing the exchange rate between the United States dollar and the Japanese yen. In this article, we'll delve into the intricacies of USD/JPY, exploring its significance, factors influencing its movements, and correlations with other currencies. USD/JPY, simply put, is the ticker symbol used to denote the currency exchange rate between the U.S. dollar (USD) and the Japanese yen (JPY). Continue reading...
The W-9 form is an essential document for independent contractors, freelancers, and certain financial institution customers. It ensures the IRS has the necessary information to track income and ensure the correct taxes are paid. Continue reading...
Tickeron's Paper Trades are the best way to start trading on paper without losing money. Paper Trades can be used as a testing environment for ideas generated using other products. You can review your gains or losses and adjust your trading style, risk-free. Paper Trades are available for 4,000 stocks, 1,000 ETFs, 30,000 mutual funds, 500 cryptocurrencies, and 100 Forex pairs. From any Tickeron, product page, click the Paper Trades button to extract your trade ideas and test them using Paper Trades. The system will run a record of the securities you want to buy and sell, and will generate the modeled outcome. The more Paper Trades you make, the more statistics Tickeron will generate for you to determine your trading style and preferences. Continue reading...
Accidental Death and Dismemberment (AD&D) coverage is normally offered as a rider on health or regular life insurance policies, or as a part of voluntary deduction supplemental insurance offered to an employee group. AD&D policies provide separate coverage and terms for the instance of death by accident and the loss of limbs or specific functionality of body parts. The main attraction to this insurance is that it is very affordable, and many employees check to box to have it deducted from their pay because it is such a negligible amount. Continue reading...
Most people think of an abandoned car or even a house when abandoned property is mentioned, but it also applies to investment accounts. If physical property such as a car is left for a long enough time in a public space or privately owned space such as a storage building, the property can be deemed abandoned and the person who discovers it can become the new owner. Through a process called escheatment, investment accounts, savings accounts, bank CDs, and employee 401(k) accounts can all become assets of the state if they are determined to be abandoned. Continue reading...