I don’t know why anyone thinks the earnings call will change anything. The last few really great calls all resulted in a sharp drop. Maybe in a few weeks/months after the call we will rise again, but I’m not holding my breath in the near term.
Great, please post the buy day 24 hrs in advance to I can set up my orders
gross_sale=net_needed/(1 - tax_rate)I thought I’d ask this question (that I should probably remember the answer to off the top of my head) because others here might like assistance recollecting the answer as well and it is applicable to most all:
Let’s say I need to sell shares to get a certain amount of money, e.g. to cover a given sum of taxes, how do I calculate how many additional shares I need to sell to cover the taxes on the shares I sold to cover the original amount (and so on)? Any rate could apply, but call it 37% for concreteness.
Note that this is not the same question as “How do I calculate my tax on capital gains, income, or whatever?"
Also note there may be further subtleties in a given situation. For example, this can remain hypothetical for a few more months in my case *cough* safe harbor *cough*
Final note, I didn’t realize that in retiring I would lose some of that sense of contributing to society and that paying taxes mitigates the feeling of loss (though there really can be too much of a good thing).
If it breaks down below 1030 it will probably go all the way down to 940. That's technical trader talk. Hopefully that doesn't happen. This will never end, well in the long run it will
The Stock Channel.
But he didn't predict that we would get there, he just said if we get there we will likely go lower. So now that we hit 1030 we can see how he did on predicting a drop to 940.
That's just how his TA works. If we hit _____, then we most likely will end up _____. So if anything, if we breach 1030 and the stock keeps falling...some people may think it'll free fall to whatever their worst fear is. But his prediction gets you ready for 940 as the bottom for a potential bounce. For people who don't trade, it's like having a peace of mind because you know what the potential destination is vs someone who looks at falling numbers and panic.
www.cnbc.com
$940 sounds like gap fill from 12/21 pop. Other indicators are MACD trend reversal heading to negative / RSI / STOCH all heading down. The puzzling thing today is the 10-year also tanked which typically inverse of growth / nasdaq.
I really doubt this has anything to do with it. The market cares about inflation and bond yields, and right now there's some price discovery in terms of what it all means right now. They sold MSFT down over 4% today, that usually never happens.I assume this brought fear and loathing today to the stock market. Wish I had seen that coming, but TSLA trades at multiples usually so...
CNBC: Supreme Court blocks Biden Covid vaccine mandate for businesses, allows health-care worker rule.
Supreme Court blocks Biden Covid vaccine mandate for businesses, allows health-care worker rule
The Supreme Court ruled against the Biden administration's rule for OSHA, saying it did not have the power to require vaccination for millions of Americans.
www.cnn.com
Yeah, it’s like when I make a blueberry lemon loaf. If I replace the sugar with salt then likely it won’t be edible, whereas if I replace the oil with unsweetened apple sauce most likely nobody will notice, except that one blueberry lemon loaf aficionado. Therefore you know we must live in abject horror that person is on the PTA baking committee taste testing before sales begin.
Let the record show, we now know how quickly the zombie apocalypse goes to 11. We’ve had our dry practice run.I assume this brought fear and loathing today to the stock market. Wish I had seen that coming, but TSLA trades at multiples usually so...
CNBC: Supreme Court blocks Biden Covid vaccine mandate for businesses, allows health-care worker rule.
Supreme Court blocks Biden Covid vaccine mandate for businesses, allows health-care worker rule
The Supreme Court ruled against the Biden administration's rule for OSHA, saying it did not have the power to require vaccination for millions of Americans.
I assume this brought fear and loathing today to the stock market. Wish I had seen that coming, but TSLA trades at multiples usually so...
CNBC: Supreme Court blocks Biden Covid vaccine mandate for businesses, allows health-care worker rule.
Supreme Court blocks Biden Covid vaccine mandate for businesses, allows health-care worker rule
The Supreme Court ruled against the Biden administration's rule for OSHA, saying it did not have the power to require vaccination for millions of Americans.
