We safely made 2% this week. Stocks ended mixed today with two major indexes modestly lower and one modestly higher. Markets started the day in positive territory after better Manufacturing data and higher consumer sentiment data. In the afternoon, Walmart internal email suggested disastrous February Sales so far attributed to higher payroll taxes which kicked in at the beginning of the year. This news brought the retail sector and the broad market down, at one point major indexes were down as much as 0.5% but stocks managed to recover most of those losses by the closing bell.
Next week will be a short trading week as market will be closed on Monday in observance of President's Day.
As you begin to prepare and file your taxes for 2012. I wanted to point out a couple of Utilities out there which would make it easier to bring Trade Details from eOption and any other trading account you may have. You can purchase TXF Creator for a few bucks from http://www.txf-express.com
which will help you convert CSV File of Trade Detail to a TXF file which you or your accountant can import into any major tax software. There is also instructions there on how to create CSV file of Trade Detail in eOption at http://www.txf-express.com/brokers/eoption.html
. There is also a free utility for generating TXF file at http://rodwhisnant.com/txf/
if you would prefer that option. Hope this helps.
Have a great weekend.
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