Capital gains tax plan -

    Posted by lapri24 on 22nd of Apr 2021 at 04:10 pm

    Capital gains tax plan - they say it won't pass the Congress. I'm not so sure. May pass House. Senate may force a compromise which could be worse - OK, no 39.9% just for 'rich' people but how about 25% for everyone? That's more fair and equitable, isn't it?

    if you have been following

    Posted by himsa on 23rd of Apr 2021 at 11:59 am

    if you have been following cnbc breaking news, they will put any headline there and relate the stock market being up or down..just look at todays headline, banks and others shrug off the capital gains tax fears LOL...just use technicals, everything else is crock

    Always is... The only thing

    Posted by fredsaid on 23rd of Apr 2021 at 12:37 pm

    Always is... The only thing you'll get from CNBC is when they ALL get bullish or ALL get bearish -> go the other way !  Given the technicals on the oil names PSX, XOM, CVX it looks like they want to go a little lower before they explode up ... this may co-incide with a continued push up in the FANGs early next week before earnings.  I've only managed to get 25% long in my 401 this week ... maybe we'll pull back some next week for more buying opps.  TSLA reports Monday - up $100 ?

    Meanwhile, I've been in healthcare

    Posted by Trendie on 23rd of Apr 2021 at 12:55 pm

    Meanwhile, I've been in healthcare like UNH and select biotechs like BNTX. They've been rockin'.  Thx for the heads up on oils and FANGs. I'll put them back on my radar (not that they're ever far from it).

    thanks guys, I'll due so

    Posted by retirefire on 23rd of Apr 2021 at 12:58 pm

    thanks guys, I'll due so diligence on these. 

    Exactly!!!

    Posted by rfa300 on 23rd of Apr 2021 at 12:00 pm

    Exactly!!!

    Some consider what is he

    Posted by retirefire on 22nd of Apr 2021 at 04:17 pm

    Some consider what is he point of increasing taxes when you run trillions in deficit ? You can never tax enough.

    Taxes are a mechanism to

    Posted by timebandit on 22nd of Apr 2021 at 05:46 pm

    Taxes are a mechanism to pull dollars back out of the economy, which is one way to dampen inflation. The FED claims they want inflation. They claim a lot of things. I suspect they don't want the kind of inflation that is brewing right now.

    And when they're just going

    Posted by foody518 on 22nd of Apr 2021 at 04:28 pm

    And when they're just going to monetize half the new debt anyways...hahaha

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!