Cathie Wood's teccentric fund ARKK lost about 55% from it high last year and lost 26.26% YTD. ARKK's page used to show YTD returns and now the page changed the YTD to 5 year return. She was known for buying the dips. The S&P 500 and Nasdaq Composite Index finished their worst weeks since March 2020.
All three major indexes fell Friday (1/21/2022), ending a MLK holiday shortened four-day trading week. The S&P 500 down 84.79 points, or 1.9%, to...
Tax season just started, many started to receive W-2s and other tax forms. Due date for filing the taxes this year is Apr. 18.
You can file a tax return free with TurboTax if you have a qualifying income or if you meet certain criteria (criteria below). There are other free resources to file a tax as well. Usually AARP offers free tax filing in local libraries, you have to sign them up well early.
If you don't qualify for...
FingerprintJS published an article that exposes Safari vulnerability noting that “Safari 15’s implementation of the IndexedDB API that lets any website track your internet activity and even reveal your identity.” FingerprintJS published a demo site https://safarileaks.com/ that shows vulnerability in action.
FingerprintJS noted that the possible leak is due to opening websites in different tabs and how IndexedDB interacts with the same-origin policy. The private mode is also affected by the leak bug. Many popular websites such as Google, WhatsApp, youtube,...
Fed's chair Powell appeared before the U.S. Senate Committee on Banking, Housing and Urban Affairs as part of his second term nomination hearing. Although he sounded hawkish, S&P 500 reversed the five-day slide, the tec-heavy Nasdaq soared 200 points and Dow is up about 200 points.
Powell remarked that, “as we move through this year … if things develop as expected, we’ll be normalizing policy, meaning we’re going to end our asset purchases in March, meaning we’ll be raising...