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Or you can go the TA route. Worse things have happened. Big gap on this chart. Gaps like to get closed. And for the pema-TA-bashers ... "charts are squiggles and have no predictive value", I posted this same chart on April 1, 2023, before the gap formed, Charts do have great predictive value...

Long Term Cap Gains (LTCG) means a holding period of 1 year + 1 day. The Tax code is quite clear. Further conversations need to be directed to your tax preparer. He's the one who will present your case to the 1040 folks at the IRS.

I think tax preparers call that a "blended rate", less than 15% for many LTCG filers. But my CPA didn't give me a blended rate (e.g. 12%). He just said I was not eligible, based on total income. He said 15% up to ~$500K LTCG. I swing trade stocks and derivatives. No interest in finding out more...

Yes, I have asked about that too. I file Estimated tax returns every JAN 15. i had seen that 0.00% Long term cap gains rate. I asked the CPA who prepares my taxes. His explanation: The "cap" for zero rate on LTCG is about $60,000 total taxable income (slightly more for Joint filers). Who can...

"Recency bias is a cognitive bias that favors recent events over historic ones; a memory bias. Recency bias gives "greater importance to the most recent event", such as the final lawyer's closing argument a jury hears before being dismissed to deliberate." Source: Wiki If we are moving from low...

And any kind of legislated "Reparations" will also usher in hyper-inflation. (City of San Francisco now leading the charge).

Yes, inflation is bad for everyone, except for the U.S. Treasury (largest debtor in world history) and the Ruing Class, who all live in Washington DC. So, who are you going to believe, the MSM or your lying eyes?

Analogy drawn between the very popular Julius Caesar (who was usurping the power structure in Rome) with Donald Trump (versus the Uniparty in Washington). An Interesting read if you like history: And maybe timely today, with oil in bullish breakout. "A nation dragged across the Rubicon" By...

That's a good post but I would urge anybody holding stocks over night to use an extra measure of caution. There is a point in bull-bear cycles that the siren's song of the bear has an uncanny ability to reduce the equity value of many traders. The FED is on a mission to "kill" inflation. That...

We used to have a Capitalistic country, before the FED. But since the inception of the FED (1913), we have morphed into a new system: "Creditism" Capital is not so important now. And capital can become scarce, which translates into lower tax receipts to the Treasury. The expansion of credit by...

Doom Loop Explained (@ 3:50)

Yes. Economic prosperity for lower income and medium income citizens will decline. But economic prosperity for the Central Government will be greatly improved. Obviously I will be rooting for the lower and middle classes. They could protect themselves by investing in tangible assets. But most do...

Or, what if the FED (and U.S. Treasury) actually wanted moderate-to-higher inflation. That debt number ($32 Trillion) would look a lot more manageable. And no Federal program (Medicare, SocSecurity, etc) will come under scrutiny. Same with current politicians, or those who have passed away...

Buy silver. Not silver mines, just silver. No balance sheet. No debt. Central Banks hate ALL precious metals. Harbingers of inflation. And they enable the money center banks to naked short all of it. The FED is probably still hurting from.the Hunt Brothers. Eventually it all comes out in the wash.

I have read (in about a dozen books) if you are going to trade anything, you need to know if the high level trend is bull or bear. But what do I know. You scalp traders seem to have all the answers.

I do understand that a lot of folks here are just trying to book a profitable trade. Any trade. But for swing traders, betting on the bullish side of bonds is a really tired, worn out trade. Been in place for almost 40 years. Like the old saying "make hay while the sun shines". And it's not...

Just now watching Marc Cohodes. That guy nailed all of these fraudsters. He doesn't even call them frauds. He says they are a criminal element who need to launder lots of money. Your FDIC funds at work :wtf::wtf:

I though substack was the place for content writers. Offer some free samples, then offer a subscription. I get loads of sample newsletters.

The "liar loans" were real back then. Haven't heard of any of that stuff recently. I had worked at many B\Ds, including both Bear Stearns and Credit Swisse (Madison Ave &24thSt.) When Bear went out, it was high single digits. Credit Swisse can't even manage that. Called "Single Digit Midgits"...

No. They are expecting U.S taxpayers to pay.