Stock Market - If the corporate tax gift from the Trump administration never happened, and the buybacks never happened, where would the market be today? |
- If the corporate tax gift from the Trump administration never happened, and the buybacks never happened, where would the market be today?
- Even though 45% of consumers negatively mentioned the trade war, consumer confidence was strong in June.
- Total FOREX Newbie
- China Stock Investors: What Would You Tell a Newbie/Amateur to HKSE?
- Why did I lose money on my puts today even though the stock is down?
- A question on a reverse stock split.
- Are dividends subject to the corporate gains tax?
- Td ameritrade question
- $STMH 8k filing just out - Merger is confirmed, and its a major one. They have 29 cannabis licences now.
- Bitcoin or Gold: Which Is More Bigly Yuge To Own?
| Posted: 02 Jul 2019 10:12 AM PDT And after the corporations have bought back as much as they can, and stimulus packages cease, we're (average investor) fucked right? Edit: I should of just said tax stimulus, and not assigned the origin of that stimulus. I see that was a huge mistake and I invited the responses I'm getting. Thanks anyway. Have a great day. [link] [comments]  |
| Posted: 02 Jul 2019 06:26 PM PDT The June University of Michigan consumer sentiment index increased from its initial reading. It went from 97.9 to 98.2 which was still below May's reading of 100. The weakness was all about expectations. That index fell from 93.5 to 89.3. The current index, which is more closely related to discretionary spending growth, increased from 110 to 111.9. The percentage of consumers mentioning tariffs increased from 30% to 45%. Even though almost half of consumers know about this negative catalyst, the current index was very strong. In June, the estimate for inflation in the next year fell from 2.9% to 2.7% and in the next 5 years it fell from 2.6% to 2.3%. Interest rates were expected to increase by the fewest consumers in 6 years. Declines in mortgage rates have helped home buyers. This report is consistent with real personal consuption growth of 2.5%. It was 2.7% in the June PCE report. [link] [comments]  |
| Posted: 02 Jul 2019 06:19 PM PDT I get that you are trading different currencies that in in constant flux, but that's about all I know. A co-worker of mine is killing it with FOREX. He showed me his gains on his phone. I already do some casual swing trading with stocks, so this was very interesting to me. However, he wanted me to join a pyramid scheme to get in on it. That part didn't interest me and he could tell, so that's where the conversation stopped. Here's some specific questions for someone like me who knows next to nothing about FOREX...
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| China Stock Investors: What Would You Tell a Newbie/Amateur to HKSE? Posted: 02 Jul 2019 05:36 PM PDT Hello, I am pioneering myself into the Chinese stock market. I understand quite a bit for an amateur but there is always room for more improvement and understanding. I want to know if there is a significant difference, in your opinion, between investing in State Owned Enterprises and private ones (other than the whole investment holding company middle man thing), and what stocks may be good for observing overall HK sector trends. I have a few large caps I'm watching, but I'd like to expand my watch lists a little more. Any other suggestions/questions/clarifications/chastisement is very much appreciated. [link] [comments]  |
| Why did I lose money on my puts today even though the stock is down? Posted: 02 Jul 2019 03:08 PM PDT I bought put contracts of $SSYS. Yesterday, I was up $1200. The stock sunk down another 3% today. You'd expect my puts to be worth more since the stock was down, but my profits have sunk down to $800. So I was technically down $400 today. What caused this? Shouldn't my puts have gone up in value? [link] [comments]  |
| A question on a reverse stock split. Posted: 02 Jul 2019 12:07 PM PDT So Mandalay resources (MND) has done a reverse stock split. The price suddenly jumped from .15 to 1.30. However my shares are still the same amount that i have always had and it is showing a large gain. Can i sell this for the profit? Why haven't my shares been split in the 1:10 ratio? [link] [comments]  |
| Are dividends subject to the corporate gains tax? Posted: 02 Jul 2019 04:46 AM PDT |
| Posted: 02 Jul 2019 04:01 AM PDT For those who can recognize my issue: Yesterday I purchased 50 shares of micron on an account with no current position of micron. Obviously this would mean there are a total of 50 shares of micron on the account. It was a limit order fulfilled at 40.02 per share. The average cost per share would obviously be just that and it was listed as such until today. I check today and it lists the average price of my 50 shares to be 46 dollars. Not as in micron is worth 46 dollars per share but that I purchased each stock at 46 dollars. It is worth noting that the loss it shows doesn't actually seem to reflect the value of the account so I'm not sure what's going on. It lists the value of said 50 shares as -300 but my account value hasn't changed from yesterday. TLDR: purchased 50 shares at 40.02 why is td saying it was purchased at 46 dollars Edit: wash sale adj me big retard [link] [comments]  |
| Posted: 02 Jul 2019 05:18 AM PDT Now confirmed... should be announced this week now from this filing. 29 cannabis licences, just in time for marijuana season. [link] [comments]  |
| Bitcoin or Gold: Which Is More Bigly Yuge To Own? Posted: 02 Jul 2019 06:57 AM PDT Note: Ryan Wilday and I just co-wrote this crypto article, and we thought you may find it interesting. Recently, the Winklevoss twins (who founded the Gemini crypto exchange) coined Bitcoin as 'Gold 2.0.' To support their perspective, they cited Bitcoin's scarcity, its fungibility and its portability as meeting or exceeding that of the yellow metal. Greyscale Investments, the company that has brought crypto based trusts to the US OTC market, recently ran ads urging investors to drop gold as a relic of the past in favor of cryptocurrency, which is 'secure', borderless, and in their direct words, 'actually has utility'. It seems that there are more and more comparisons between Bitcoin and gold, but is one better to hold more so than the other? Well, to be honest, each has a different ultimate purpose for which each is better suited. With gold and crypto starting to launch on their next bull run, we thought it would be fun to explore these questions. At the end of the day, we find each asset worth owning. And, for the libertarian minded, both assets provide "insurance" from inflationary fiat and the centralized banking system. Yet, each asset has their die-hard investors who view each asset as "the" asset to own, while they simultaneously look down at the other camp. For example, 'gold bug's' such as Peter Schiff decry Bitcoin as 'not viable as money', 'not a store of value', and 'fool's gold'. And, Bitcoin fans simply consider gold a cumbersome hunk of metal with a value based on tradition rather than utility. As far as we are concerned, each camp has a point, which is why we feel that one should diversify into both asset classes for the same types of protections. You see, gold and bitcoin share values which are sought after by both groups of investors: separation from the centralized financial system, scarcity, security, portability, and fungibility. However, whereas Bitcoin may better serve investors with certain of these benefits, gold will serve investors better with others. Separation from the System In regards to separation from the centralized finance system of the world, Bitcoin and Gold are comparable. Both assets allow the holder to remain in control of their holdings, effectively becoming the bank for themselves. In that regard, holding either asset removes counterparty risk. Moreover, both allow for exchange between parties without intermediaries. And, finally, both are immune from the inflationary efforts of central banks. Scarcity All the gold ever mined is estimated at 190,000 tonnes and there is expected to be 54,000 tonnes in the ground. The current supply of Bitcoin is approaching 18 million and will never exceed 21 million. Furthermore, untold numbers of bitcoin are lost due to misplaced keys. Therefore, it is quite clear that both assets are scarce and finite, though one could certainly argue that Bitcoin is more so. Security The holders of both assets need to pay attention to security. For the gold holder, of course, security involves keeping gold away from prying hands. However, storage does become an issue the larger the holding, and involves additional costs. So, clearly, this is certainly one of the drawbacks of holding gold. Yet, theft of cryptocurrency has been one of the biggest deterrents from adoption of crypto as a common asset class. Yet, with appropriate cyber security protections, one can keep their crypto secure. Given that it is not held in a physical location, there are no additional costs of storage. Moreover, as long as one doesn't expose how they maintain their private keys, one is unlikely to experience a physical robbery attempt. (We created a quick document on crypto security here). However, the Achilles heel of Bitcoin is that it requires the internet and electric grids to run properly. Should electricity become compromised for whatever the reason, I think it would be clear to understand how gold would become the more desirable of the two assets in this event. Portability I don't think there is much of a question that Bitcoin wins hands down with respect to portability. Bitcoin is weightless and gold is over 19 grams per cubic centimeter. This is why so many Venezuelans reportedly ran to Bitcon to take capital out of the country. Doing so with gold is nearly impossible during such times of crisis. Fungibility Bitcoin and Gold are both fungible. However, Bitcoin is much more easily divided into smaller units down to 8 decimal places. At current price, one could theoretically exchange Bitcoin worth 1 /100 of a cent. Try doing that with gold. Since units of gold generally need to be rated for investment level purity, it is quite hard to exchange less than a 1/10th ounce of gold, or roughly $140 at today's price. Conclusion Perhaps gold and crypto investors can find some common ground, as they each have similar benefits. The benefits that have traditionally led gold investors to hoard the yellow metal are not too different from those driving today's Bitcoin buyers. Nonetheless, as we've shared, both are expected to embark on their next bull run. And, a disadvantage to owning one asset is often an advantage of owning other. Therefore, we believe both deserve a place in your portfolio for at least insurance purposes. [link] [comments]  |
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