What Is a Payroll Card? A payroll card is a prepaid card on which an employer loads an employee’s wages or salary each payday. Payroll cards are an alternative to direct deposit or paper checks. These cards are manufactured by major payment processors, such as Visa, allowing workers to use them anywhere electronic payment cards…

What Is a Portfolio Investment? A portfolio investment is ownership of a stock, bond, or other financial asset with the expectation that it will earn a return or grow in value over time, or both. It entails passive or hands-off ownership of assets as opposed to direct investment, which would involve an active management role….

Deere & Company (OF) shares rose 7% during Friday’s session after the company reported better-than-expected first quarter financial results and maintaining its fiscal year 2020 outlook. Revenue fell 5.9% to $6.53 billion, beating consensus estimates by $360 million, and GAAP earnings per share came in at $1.63, beating consensus estimates by 37 cents. While the…

NVIDIA Corporation (NVDA) beat earnings estimates on Feb. 13, and the stock set its all-time intraday high of $316.31 on Feb. 21. Then came the coronavirus decline, and the stock ended last week below its semiannual pivot at $299.72. Despite this volatility, the stock is above a “golden cross” on its daily chart, and its…

Internet content giant Alphabet Inc. (GOOGL) reported earnings on Feb. 3, beating estimates on earnings per share but missing on revenue. The stock reacted to the downside, trading as low as $1,422.03 on Feb. 4. This put the stock midway between its annual value level at $1,408.56 and its monthly pivot at $1,444.72. Once the…

What Are On-the-Run Treasuries? On-the-run Treasuries are the most recently issued U.S. Treasury bonds or notes of a particular maturity. On-the-run Treasuries are the opposite of “off-the-run” Treasuries, which refer to Treasury securities that have been issued before the most recent issue and are still outstanding. Media mentions about Treasury yields and prices generally reference…

The Walt Disney Company (DIS) released a solid earnings report after the closing bell on Feb. 4. The stock popped to as high as $147.30, which was a failed test of its monthly risky level at $146.40. The stock is above a “golden cross” on its daily chart and tested its 200-day simple moving average…

What Are Nonpassive Income and Losses? Nonpassive income and losses constitute any income or losses that cannot be classified as passive. Nonpassive income includes any active incomesuch as wages, business incomeor investment income. Nonpassive losses include losses incurred in the active management of a business. Nonpassive income and losses are usually declarable and deductible in…

What Is an Advance Rate? An advance rate is the percentage of the value of the collateral that a lender is willing to extend as a loan. The advance rate helps a borrower determine what kind of collateral to bring to the table to secure the desired loan amount and helps minimize a lender’s loss exposure…