Uncertainty in the tax code makes tax filings for forex traders much too confusing. IRS Notice 2007-71 (established Aug. 27, 2007 ) reverses IRS Notice 2003-81 . IRS Notice 2007-71 narrowly (yet definitively) addresses the tax treatment for "o ... Read more

The SPY which tracks the S&P 500 has been trading since the early part of 1993.  My research shows that when the 2 Period Relative Strength Index (RSI) closes below 10 and the SPY gap down 2% or more at the open of the next trading day substantial upside reversals have occu ... Read more

According to an article in the Financial Post yesterday housing affordability is expected to improve in 2008. The article points out that new home prices increased by 21.5% in Edmonton in 2007 but ignored the fact that resale home prices were only up 9%. We pointed out a few months ago that the ... Read more

Howdy all -- over at voiceofsandiego.org I&039;ve got a brief look at the last month&039;s resale price data . The January data rodeo will be up here later this week. ... Read more

The quest for where and when a bottom seems to be a big topic on The Network these days. It seems like most of the guests are trying to figure out how to answer the question without telling the interviewer that it isn't such a great question four months from a top (but maybe I am just project ... Read more

Take a look at the oil ETF (USO) chart, and you'll see a bullish picture of a security moving up through resistance on strong volume. The USO gapped higher on Friday, and volume was stronger than it has been in months (see graph above). Today, it followed through on that strength, and moved ... Read more

YHOO rejects MSFT bid [Bloomberg] ``Yahoo thinks they're worth more because of the plans they've implemented that have yet to come to fruition,' said Daniel Taylor, an analyst at research firm Yankee Group in Boston. ``The board is saying, `We think we can keep the company together and do far ... Read more