In a span of less than four months, Tesla Motors (TSLA) founder and CEO Elon Musk has added $2.3 billion to his personal wealth . Musk is now worth more than $13 billion, according to the Bloomberg Billionaire Index, but it could have worked out very differently. In fact, a crucial decision Elon Musk was forced to make in 2010 when, by his own account, the billionaire was broke, is one of the reasons Musk has been able to cash in on Tesla's rapid share rise this year: Musk held on to shares at the very moment when a sale to raise cash would have made financial sense.
The question of whether you'll be paying more in taxes under President Donald Trump may hinge on how much you use tax deductions now. The Trump administration Wednesday unveiled the broad outlines of his campaign promise to overhaul the sprawling U.S. tax code with a simpler system that lowers tax rates. It remains to be seen how deeply the plan cuts into the most widely used deductions, which cost the government hundreds of billions of dollars in lower taxes.
The air freight industry has some major players whose stocks are trading in very different ways. United Parcel Service, Inc. (UPS) fell at the start of the year and has been in a three-month range since. With earnings on Apr. 27, a breakout could occur relatively quickly. FedEx Corp. (FDX) didn't sell off much at the start of the year, but it too has key levels to watch as it has been ranging for the last four months. Expeditors International of Washington, Inc. (EXPD) is currently the strongest of the group, posting a multi-year high on April 25. The chart of United Parcel Service is in a precarious position. The decline between December and February was larger than the last rally higher (November