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    PMI Manufacturing Sentiment

    What does this number mean? Is this move significant? I have never paid attention to it but now it might have more relevance than ever to me. It looks like it's an oscillating number and we are breaking the lower area of the range (implying more pessimism from Purchasing managers)...
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    TD Ameritrade stock price is down 21.63%

    The business model before was: Get payment for order flow AND charge customers on a per-trade basis. Now its: Get Payment for order flow AND nothing.
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    Any advice for a soon to be full-time trader?

    Focus on growing your top line. Keep your job, save your money, invest those savings + 15k in strategies that earn over the long haul (you don’t have to kill it).
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    wrongful-death settlement, taxes and trusts

    Again you are triggered. Every discussion devolves into the same topics for you. On ignore. Have the last post. You’re a winner!
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    wrongful-death settlement, taxes and trusts

    Actually, I brought up a discrimination complaint as an example of how the US legal system works. You got triggered by that word and went on some bigoted tangent. It’s clear you have an agenda or you are just very angry at the world.
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    wrongful-death settlement, taxes and trusts

    It’s pretty clear he doesn’t understand the point of anti-discrimination laws. He’s either a troll or he’s actually a sad angry man in real life. Either way he’s not worth your, my, or anyone else’s time.
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    wrongful-death settlement, taxes and trusts

    I was hit with a racism lawsuit in a very liberal state (probably the most liberal when it comes to employer employee relationship). It was dismissed with a total cost of a few hundred dollars and one hour of one of my hr people. But it’s good that an employee has the ability to file such a...
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    Chinese ADR Stocks Plunge after Trump Takes AIM

    Probably an attempt to distract from the impeachment inquiries. Typical trump.
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    wrongful-death settlement, taxes and trusts

    College tuition is exempt from gift limits if you pay the institution directly.
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    Why is stock market unaffected by repo turmoil this week?

    Fed repo auction was 2x oversubscribed: large enough that it was newsworthy but I don't know how large that actually means. Banks are wanting cash for quarter end. There is an article on Bloomberg about how that 100Bn is lent/borrowed at the fed funds market daily; but 1 Trillion is traded...
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    How to file taxes without showing your strategy to you tax accountant ?

    The only time where it would be relevant to share your strategy with your accountant is if your strategy has a specific tax implication (like trying to take advantage of a tax loophole or conducting a tax arbitrage).
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    Why is stock market unaffected by repo turmoil this week?

    No because I am not levered. But if a fund or a bank can’t repo their securities they will want to own less of them. And there are a lot of funds and banks that repo their securities.
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    Why is stock market unaffected by repo turmoil this week?

    I was surprised too. The repo market is one of the most basic funding markets in the world. Perhaps the crisis was a blip (like how sometimes the SPX index rebalancing causes wild fluctuations when one party screws up their trades.
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    Antonio Brown is accused of rape

    Even nike dropped him. That tells you something.
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    Education department throws red meat at Trump's Evangelical base.

    The conservative christians want to teach creationism in science classes.
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    Will PCG pop soon?

    The fact that the company has declared bankruptcy and has tens of billions of dollars of liabilities from the CA wildfires a few years ago. Didn’t your technical charts tell you that?
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    WeWork IPO, stillborn

    The latter is a tech company. The former is a real estate company. Pornhub:YouTube :: WeWork: regus
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    A crack just emerged in the financial markets: The NY Fed spends $53 billion to rescue the overnight

    You would think this would be perceived as a bigger deal. I remember (only with perspective) how certain investment banks had trouble funding in the commercial paper market in 2007.
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    Any Options Trading software out there have the Kelly Criterion built in?

    Sell. Sell. You sell 5 delta calls. :)
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    NC republicans use 9/11 as a diversion to pull slight of hand on vote

    True patriots. It’s like trump doing a political interview for Fox News in front of the graves of us soldiers who fell at D-Day.
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