The NYMEX, or New York Mercantile Exchange, is now one of the most closely watched exchanges in the entire world. This is at least as far as traditional investors go. The exchange is a commodity futures exchange, and is one of the world's largest markets for the trading of futures and commodities. Right now, it's a very hot topic, but if you're unfamiliar with the exchange, we'll take a moment to fill you in. Interestingly, the Chicago … [Read more...]
The CFTC, or the United States Commodities Futures Trading Commission, is an independent federal agency that regulates the trading of futures contracts. If you trade futures, CFTC regulations will be very important for you. The CFTC commitment to traders is to ensure that traders are conducting trades legitimately and fairly. It is essential for every trader and everyone else involved in futures to understand CFTC regulations, and why they are … [Read more...]
Pretty much every government is taxing stock trades. The fact, is that when people make money, they are most likely going to end up paying the government. Education systems need to be funded, roads built, and militaries maintained. As they say, there are only two certain facts of life: death and taxes. Stock Trades, Taxes and Bernie Sanders However, with burgeoning public debts, and the emergence of far left candidates, such as Bernie Sanders … [Read more...]
Are you thinking about investing in some hemp stock? These stocks have become very popular as marijuana legalization has swept the United States. Of course, we should make it clear that hemp is actually different from marijuana but often associated with it. While hemp and marijuana come from closely related plants, they are actually slightly, but importantly different. Still, the changing legal environment and societal attitudes towards … [Read more...]
If you're looking to get a jump on markets, you can engage in premarket trading. Premarket trading was once largely the realm of professional investors. However, advances in technology and other things have made it easier for “average” investors to also engage in this type of trade. Premarket trading normally takes place between 8 and 9:30 AM. As you are probably aware, the major stock markets in the United States generally don't open until … [Read more...]