For those who use their RMDs as a source of regular retirement income payments, similar to an annuity or pension, a popular choice is to have the RMD paid in monthly installments, ideally with all applicable income taxes withheld and sent directly to the government.
The message in this week’s market review is that the big rotation into boom/bust cyclical stocks appears to be losing steam while companies that are considered long-term growth leaders appear to be reasserting leadership.
Update on the QQQ: Straight up with some gaps over the last two weeks. Most likely will see some back and fill.
XOM is up over 3% today and is heading for its best April close.
WDAY is now up 20% from its March lows and is set up well for more upside.
Range bound: Support 24 | Resistance 26
San Francisco lost the most residents of any major city in the United States.
“Having obesity may triple the risk of hospitalization due to a COVID-19 infection,”