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    Biden to Propose New “Billionaire Minimum Income Tax” of 20 Percent

    They will never tax the billionaires at their tax brackets. It should be apparent to everyone that the same politicians talking about taxing the billionaires will write all sorts of tax loopholes for their extreme liberal billionaire buddies. Of course, they get tens of millions of campaign cash...
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    WW III

    We are getting closer to World War 3 every day. You have retired armchair generals, big ego political hacks, etc. all urging no fly zones and giving Ukraine those fighter jets. Joe Biden is inept no doubt, but, I give him credit for refusing to go along with the neocons urging him to confront...
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    The GOP are fascists who hate our form of government (democracy)

    Cuddles4BS should know a fascist when he sees one. First, look at the mirror. That fascist is looking straight at you! Next, look to your fearless leader Justin Trudeau. His emergency powers act freezing the bank accounts of truckers merely, demonstrating and exercising their rights is a clear...
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    Becoming legit IRS registered trader. Questions if you can help.

    Consult an accountant with lots of experience in getting trader status. Read that it was way harder than you think to qualify as a trader status with the IRS. This is where you will have to spend monies to get professional help.
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    Are there any similarities with the last financial crisis?

    The 2008 crisis is a result of liar loans where anyone can claim any bogus income and the banks just looked the other way, provided they are able to charge you their fees. They knew it as well as the legions of wanna be homeowners without the financial resources to actually, buy a house. Now in...
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    Katanji Jackson is another example of affirmative action

    She refused to answer any of the questions because it would clearly show her extreme liberal bias which she is trying to hide. Her very lax sentencing for serious criminal offenses shows what she will do once, confirmed as US Supreme Court Justice.
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    Trading with the threat of war

    Members of Congress bought shares of stock in oil companies way before Russia invaded Ukraine. They get security briefings. Any news of value is stale and useless by the time you get it. So, what to do? Look at the stockcharts. Everything you need to know is already baked into the stockcharts...
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    Russia & Ukraine

    They both said it. Harris said it in a video and Biden said to ask him after one month. Biden changes his tune, when caught in a lie.
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    Russia & Ukraine

    Nobody wants to die in a senseless war. These civilians being asked to fight by Zelensky will all be cannon fodder. They are not trained soldiers. He could save Ukrainian lives by seeking a peace deal with Putin. The reason Putin will not even talk to him is he is not being serious. He says he...
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    SELL PUT Question

    The maximum gain for you if it expires worthless is the premium you got for selling it. Price fluctuations of the stock itself does not increase your gains. So, how much monies in premium did you get for selling the PLTR $10 Put? That is the only thing that matters.
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    Russia & Ukraine

    Only in the US can you betray your country and yet, be treated like a hero. https://en.wikipedia.org/wiki/Bowe_Bergdahl
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    How will you deal with the Big Crash? What is your plan?

    You have to be able to adapt to changing stockmarket conditions. It is silly to avoid shorting stocks that are weak in a stockmarket that is crashing for instance. That is the optimum time to be make huge sums of monies in a short period of time. Understand that the big boys (hedge funds, banks...
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    BLDR

    You would prefer a stock in nice uptrend and there is no overhead resistance. Example is CNQ. Look at this chart. It is strongly, moving higher. Compared to BLDR, which is heading into multiple resistance zones, you want to avoid those. It would have to breakout thru multiple resistance zones...
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    Is it the "price of gas, stupid"?

    It is not really a mystery. Most of the gas stations are owned by mom and pop operators who own only that gas station. Their profits per gallon of gasoline is only very small, a few cents per gallon. That is why they have built convenience stores where the profits are way larger. So, if a gas...
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    Dreaming or is this real....

    Trends do not move in a straight line. You will have pullbacks and rallies, in between the larger, longer term trends. Stick with the major trend until, it gets broken and ends.
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    The power of Giving.

    I agree that what you attract in life, is a result of what you have sown. If you sow good seeds, you will get a good harvest of the fruits of your labor.
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    GFS Global Foundries

    I think you did. The area to buy is at consolidation phases. When it breaks out, set a stop loss immediately, at the resistance area minus say $0.10, say resistance is a $60.13. Set stop loss @ $60.03 GTC. If you bought at $60.50, your risk is $0.47. Initial target 2/1 is $60.50 + $0.94 =...
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    Upside targets

    So, where is your stop loss? You have to figure out your risk amount first. Then, multiple it by 2 or 3 for targets at 2/1 or 3/1. Nobody knows how far a stock in a strong uptrend will run to. Example: You buy at $20.00, I am assuming that is the resistance price. So, you buy at $20, stop loss @...
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    Upside targets

    This is the way to measure it. You take the most recent high, say $20, it pullbacks to $15. You set your stop loss @ $14. Entry is at $15.50. So, your risk is $15.50-$14.00 = $1.50. Your reward is $20-$15.50 = $4.50 reward. Divide $4.50 (reward) by $1.50 (risk) and you have your reward to risk...
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    Upside targets

    What you should do is set trailing stop losses on good till cancelled basis. That will allow you to ride the trend of that stock as long as it lasts. Why would you seek target prices? Target prices work best when swing trading and taking small profits. In this case, you are capping your gains in...
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