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  1. S

    Is it true?

    Sp since we are talking about trading trends let's see someone here make a call based on following a trend that will be late say 92% accurate? Who wants to go first??? Let's see if the trend is your friemd??
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    Is it true?

    It seemed significant when it broke according to most....some even were saying we were headed below 4000...... And now 3 weeks later everyone on cnbc etc is more bullish than the next suggesting that the markets are only going to continue to surge from here saying there is nothing now to worry...
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    Is it true?

    If the trend was your friend then why did the spy break 420 which was the s&p breaking point, settle down for a few days and then surge to 450? ??
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    Trajectories and law of large numbers!!

    It's that time again.... Not many people care to pay attention to these types of numbers, but after looking at some these gains in just 1 month I find it almost impossible that the rate these markets are moving and the amount of market cap being added to these tech heavy stocks that the...
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    NVDA ...adding more capitalization in a week than these 4 companies combined!!!!

    In 1 weeks time...just 5 days it has added more market capitalization than the entire values of Target General Mills Alcoa And Dominoes COMBINED!!!!!!!! We have officially entered another bubble!!!!!
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    SELL CALLs and wash sales

    Thank you for that information but I don't think I would put on a trade that confusing. What if I do a sell call and decide to sell the stock before the sell call expires??
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    SELL CALLs and wash sales

    So I guess the answer to my question is yes, it is considered a wash sale!!!!!!
  8. S

    SELL CALLs and wash sales

    I have looking to trade Sell calls with a few stocks I own. Now my question which is probably easy to answer for some is this: If I own XYZ at $30 and it's trading at $25, Im down $500 on the 100 shares i own at.$30 and I decide to do a May 20th $35 SELL CALL for for $75 and the stock...
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    Netflix, hehe.

    It's took years for me to be eventually right on this stock but it's finally happening. I said a long time ago without subscribers netflix is going to collapse. Yes it was a great stock to own and yes I did predict well in advance that it would drop but it did have a huge run higher while I...
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    A man bought an NFT for $2.9M, then listed it for $48M. The top bid was less than $280

    Who is buying this ridiculous garbage Moonbirds Set to Bring in $66M as NFT Drop Mints Out The highly-anticipated Moonbirds project opened for minting today. 7,875 NFTs minted at 2.5 ETH, equating to $66 million in sales. PROOF Collective's Moonbirds began minting this afternoon. The...
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    A man bought an NFT for $2.9M, then listed it for $48M. The top bid was less than $280

    NFTs are nothing but hype and that good old saying of fear of missing out. This market is going to collapse so hard that 99.8% of NFTs will be totally worthless. Everyone believes they can play the good old flip game but the only thing they will be receiving is flops. This a complete fools...
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    Don't Fight the Fed - Bearish pressure continues

    March 2020 lows are definitely coming, no doubt about it. Fed should have been raising rates years ago but instead they waited and waited and waited, add to the mix trillions in printing and of course inflation is going come. Wait until housing market collapses, with the 30 year fixed rising...
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    ARKK - Retail trading has fallen to lowest levels since pre-pandemic...

    Her funds are down over 40%%%%% Just imagine where these funds will be when the markets get to covid lows set in March of 2020. Most funds will be in the single digits to the mid teens!!! Down an astonishing 75-90% from historic highs!!
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    7 of the Best Long-Term Stocks to Buy

    Pretty much the most widely held stocks in everyone's portfolios!!!!
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    CPI tomorrow morning! I'm predicting double digit inflation numbers!

    Yes tomorrow is CPI and the prediction is for a solid 8.4% which would the highest in over 40 years. Of course only a handful of people saw this coming, meanwhile anyone could have predicted this a few short years ago thanks to the fed and their printing craziness and historical low rates...
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    Shorting China with YANG

    I'm bearish as usual and I even think not only baba bounces but the rest of the Market as well. Market is looking a bit oversold. The trend is lower, a lot lower but I think the market is setting up for a bounce.
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    Shorting China with YANG

    I will jump into YINN if it drops another 50% though. I own YANG but a small amount. That drop from 40+ to the teens was epic.
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    Wash sale loss disallowed.... skip December?

    By the way even ask for current trading reports from your broker that are up to date and see the wash sales and disallowed losses as of.your first quarter trading. I can tell you they will NOT match your 1099. I looked over my last report from 2021 and compared it to my 1099 and they were...
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    Wash sale loss disallowed.... skip December?

    So yes its not the wash sales but the DISALLOWED losses that matter. This is what is the downfall of the 1099, How do you get rid of the disallowed losses? Can you not get rid of them since they are "DISALLOWED" ??? Like I mentioned I had disallowed losses that I thought wouldn't be...
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    Wash sale loss disallowed.... skip December?

    Brokers do NOT help in any wash sale questions. How do I know? I have called multiple brokers and have spent countless hours talking to each and every one of them. THEY DO NOT ASSIST IN ANSWERING ANY QUESTIONS ABOUT WASH SALES. THEY TELL YOU TO CONTACT YOUR TAX PREPARER WHO ALSO HASNT A CLUE...
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