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If this doesn't scream the top of a market I don't know what does....

No way soxl at 6? I own it around 33 wanted to average in under 10 last year but never did. Still.own it. Looking to sell soon though. 3x etfs get slammed when markets sell off

Haaaaaaa I had nvdl at 95 and nvdx at 33 Sold them both at the start of 2024. As soon as I sold nvdx it skyrocketed. Bought back nvdx around 58

Since you posted this nvda has gone straight from green to red! Whoa

They gave me no reason, just said they reviewed it and it's a wash sale. Least people here on the forums are showing me the breakdown with using the calculations I brought forward

These stocks are moving like the dot com stocks of the late 1990s!

Noooooo. Absolutely not. The shares were bought over a year ago in Jan 2023 and sold with the new shares in jan 2024. .

So when is cost averaging into a stock considered a wash sale?? Many people cost average into a stock over time and that's what I exactly did. So everyone cost averaging in is creating wash sales? Doesn't Cathy woods do tbis with millions of shares a year.

The Original shares were bought January 2023 The second lot of shares were bought January 2024 The entire amount of shares were sold within a week for a profit.

The broker emailed.me back after researching and said it's a WASH sale... Wow.... Absolutely baffling I sold it for a profit. I bought it once. Bought again to cost average in and sold the entire lot in one trade for a gain.

So since I pulled out a profit there should not be a wash sale is what you are saying?

Everything going vertical

So in my break down that's not clear enough. ??? I bought 50 shares and then 1000 And sold the entire lot of 1050 shares I just don't understand how there can possibly by a wash in my transactions If I sold at a profit.

I told you I'm long short and all over. My retirement account is doing well. As I mentioned this year I started to finally add to one of those tech aggressive funds..... I have another account that is long amd doing well and another that went very sour the last 2 months. That account was...

The infamous recession talk I have come to the conclusion that the government and every talking head will never tell you the economy is in a recession. I have learned that the recession that is talked about is the one that has come and gone without a trace.... So all the talk and predictions...

What if the 50 shares were bought less than 30 days before the sale But still sold for a profit?

Oh man. Don't tell me that.

According to the trajectory of nvda...this week it should close between 755 -770 a share Adding between 80 billion to 115 billion in market cap I actually would think 800 by Friday as a gigantic possibility and 1000 by Thursday February 22nd!!! 2.4 trillion dollar market cap by end of...

This just tells me there could be numerous errors from past 1099s I have received throughout the years. .you know how many times I have received an updated 1099 after receiving the first one for taxes.

The only reason why I say it doesn't matter is for reasons that the fed will come to the rescue of anything crisis related along with the government ... I don't see the dollar plunging to worthless monopoly in our lifetime. But before that would ever happen the fed reserve would make sure...