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Bank of America Securities’ Savita Subramanian is the most bullish on stocks in at least 10 years. According to the firm’s head of U.S. equity and quantitative strategy, the macro backdrop is reenergizing key groups that have been overshadowed by Big Tech gains and excitement surrounding artificial intelligence. “We’re at a place where old economy companies have learned how to survive without capital and actually look pretty interesting at these levels,” she said on CNBC’s …

Erin M. Collins, National Taxpayer Advocate. Source: IRS After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break. The employee retention credit was created to support small businesses during the Covid-19 pandemic. There’s still time to amend returns and claim the credit, which is worth up to $5,000 per employee for 2020 or $28,000 per employee in 2021. Experts say the …

Mercado Libre MELI is a well-established fintech and e-commerce company with a strong presence in the Latin American markets. The company has a large and steadily growing customer base, a reputable brand, and insightful experience in the region. With the e-commerce market in Latin America experiencing rapid growth, Mercado Libre is in a prime position to capture a significant share of that growth. As a result, many analysts, myself included, consider the company’s stock an …

Many workers keep mum about these trips to fend off productivity concerns and tax ramification questions from their employers. But others told CNBC Travel they stay quiet for different reasons. Each asked CNBC to refrain from publishing their full names to prevent being identified by their employers. Avoiding the ‘hassle’ of company approval A Singaporean named Alicia said she’s taken several trips without telling her employer. “It’s easy for me since I don’t have to …

The tables below show the bull strategies most frequently applied by traders in Tradier’s investor community last week. To find out how Tradier’s bears traded, go here. For the week’s Top 10 trading strategies, go here. Top 10 Bull Strategies for the Week of June 12, 2023 Symbol Strategy SPY BullCall SPY BullPutSpread QQQ BullPutSpread QQQ BullCall MSFT BullCall AAPL BullPutSpread TSLA BullCall JPM BullCall ADBE BullCall IWM BullPutSpread Top 10 Stocks and ETFs Traded …

The tables below show the bear strategies most frequently applied by traders in Tradier’s investor community last week. To find out how Tradier’s bulls traded, go here. For the week’s Top 10 trading strategies, go here. Top 10 Bear Strategies for the Week of June 12, 2023 Symbol Strategy SPY BearPut SPY BearCallSpread QQQ BearPut QQQ BearCallSpread SPY BearCall SPCE BearCall META BearPut SPXW BearPut AI BearCall ADBE BearPut Top 10 Stocks and ETFs Traded …

The table below shows the strategies most frequently applied by traders in Tradier’s investor community last week. To find out how Tradier’s bulls traded, go here. To find out how Tradier’s bears traded, go here. Commentary and analysis by Todd Horowitz, Chief Strategist, BubbaTrading.com, follows after the table. Top 10 Trading Strategies for the Week of June 12, 2023 Market Strategy BullCall BullPutSpread BearPut IronCondor BearCall BullPut BearCallSpread CalendarSpread BullCallSpread BearPutSpread What Will Stop This …

A weekly five-point roundup of critical events in the energy transition and the implications of climate change for business and finance. Tesla Just Won the Charging Wars. Now It Stands to Reap the Benefits. What happened: Tesla has its own charger. Other electric vehicles have a different kind. This was an issue for a long time until recently, when Ford and GM announced they’d make all future EVs compatible with Tesla’s NACS chargers, making available …

In an interview with Bloomberg this week, Max Layton, Citigroup’s managing director for commodities research, said he believes now is an ideal time for investors to buy, as the price of copper is still muted on global recession concerns. The red metal is currently trading around $8,300 a ton, down approximately 26% from its all-time high of nearly $11,300, set in October 2021. According to Layton, copper could top out at $15,000 a ton by …

OPEC, the international oil cartel, meets twice yearly in a formal gathering in Vienna. The members convene to debate and decide on petroleum production policy for the coming months to balance supply and demand at a price that delivers the most attractive return for oil-producing countries and traditional energy investors. Saudi Arabia is the cartel’s leading producer and most powerful member. Meanwhile, over the past years, Russia emerged as an influential non-member, cooperating with the …